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Inphi Corp Falling Today on Above-Average Volume (IPHI)

By Nick Russo

Shares of Inphi Corp are trading today in above average volume, with the share price falling 9.9% to $45.17. Today's volume of 1.9 million shares tops the average 30-day volume of 787,000 shares. Spikes in volume can validate a breakout or signify a potential turning point.

SmarTrend is tracking the current trend status for Inphi Corp and will alert subscribers who have IPHI in their portfolio or watchlist when shares have changed trend direction.

Over the past year, Inphi Corp has traded in a range of $29.56 to $51.83 and is now at $51.47, 74% above that low. Over the last five market days, the 200-day moving average (MA) has gone up 0.6% while the 50-day MA has advanced 0.8%.

Keywords: unusual volume inphi corp

Ticker(s): IPHI