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Guess? Falling Today on Above-Average Volume (GES)

By Nick Russo

Guess?'s stock is up 21.9% to $18.17 on heavy trading volume. Approximately 1.7 million shares have changed hands today vs. average 30-day volume of 796,000 shares. Spikes in volume can validate a breakout or signify a potential turning point.

SmarTrend recommended that its subscribers protect gains by selling shares of Guess? on March 17th, 2016 by issuing a Downtrend alert when the shares were trading at $18.27. Since that call, shares of Guess? have fallen 18.4%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

In the past 52 weeks, shares of Guess? have traded between a low of $13.78 and a high of $23.45 and are now at $18.17, which is 32% above that low price. The 200-day and 50-day moving averages have moved 0.52% lower and 0.96% lower over the past week, respectively.

Keywords: unusual volume guess?

Ticker(s): GES