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Kohl's Declining With Trend-Confirming Volume (KSS)

By Nick Russo

Kohl's shares are trading on heavy volume today, having fallen 6.8% to $36.08. Approximately 2.8 million shares have changed hands today vs. average 30-day volume of 2.3 million shares. Unusually high volume can signify a potential turning point or validate a breakout.

SmarTrend recommended that its subscribers protect gains by selling shares of Kohl's on April 5th, 2016 by issuing a Downtrend alert when the shares were trading at $44.82. Since that call, shares of Kohl's have fallen 13.6%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

In the past 52 weeks, Kohl's share prices have been bracketed by a current low of $35.27 and a high of $75.24 and are now at $36.08. The 200-day and 50-day moving averages have moved 0.8% lower and 0.29% lower over the past week, respectively.

Keywords: unusual volume kohl's

Ticker(s): KSS