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Himax Technologies Falling Today on Above-Average Volume (HIMX)

By James Quinn

Shares of Himax Technologies are trading today in above average volume, with the share price falling 6.5% to $7.72. About 5.3 million shares have been traded today, as compared to the 30-day average volume of 2.7 million shares. Unusually high volume can signify a potential turning point or validate a breakout.

SmarTrend is monitoring the recent change of momentum in Himax Technologies. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of Himax Technologies in search of a potential trend change.

Over the past year, Himax Technologies has traded in a range of $5.65 to $12.00 and is now at $7.68, 36% above that low. Over the past week, the 200-day moving average (MA) has gone up 0.5% while the 50-day MA has advanced 1.0%.

Keywords: unusual volume himax technologies

Ticker(s): HIMX