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Immersion Corp Trading Higher Today on Above-Average Volume, Consistent With Trend (IMMR)

By James Quinn

Shares of Immersion Corp are trading today in above average volume, with the share price rising 0.9% to $14.04. Approximately 505,000 shares have changed hands today vs. average 30-day volume of 218,000 shares. Unusually high volume can signify a potential turning point or validate a breakout.

SmarTrend recommended that subscribers consider buying shares of Immersion Corp on December 1st, 2017 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $7.36. Since that recommendation, shares of Immersion Corp have risen 89.0%. We continue to monitor IMMR for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Immersion Corp share prices have moved between a 52-week high of $14.23 and a 52-week low of $5.76 and are now trading 146% above that low price at $14.15 per share. Over the past week, the 200-day moving average (MA) has gone down 1% while the 50-day MA has declined 0.6%.

Keywords: unusual volume immersion corp

Ticker(s): IMMR