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Genpact Ltd Falling Today on Above-Average Volume (G)

By James Quinn

Genpact Ltd shares are trading on heavy volume today, having fallen 2.1% to $40.15. Approximately 1.3 million shares have changed hands today vs. average 30-day volume of 1.1 million shares. Spikes in volume can validate a breakout or signify a potential turning point.

SmarTrend recommended that subscribers consider buying shares of Genpact Ltd on January 8th, 2019 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $27.81. Since that recommendation, shares of Genpact Ltd have risen 47.5%. We continue to monitor G for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Over the past year, Genpact Ltd has traded in a range of $25.48 to $42.33 and is now at $39.90, 57% above that low. Over the past week, the 200-day moving average (MA) has gone up 0.6% while the 50-day MA has advanced 0.8%.

Keywords: unusual volume genpact ltd

Ticker(s): G