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Logitech International Rising Today on Above-Average Volume (LOGI)

By James Quinn

Shares of Logitech International are trading up 11.3% to $19.82 today on above average volume. About 909,000 shares have been traded today, as compared to the 30-day average volume of 550,000 shares. Unusually high volume can signify a potential turning point or validate a breakout.

SmarTrend recommended that subscribers consider buying shares of Logitech International on June 6th, 2016 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $15.74. Since that recommendation, shares of Logitech International have risen 13.2%. We continue to monitor LOGI for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

In the past 52 weeks, shares of Logitech International have traded between a low of $12.52 and a high of $19.90 and are now at $19.82, which is 58% above that low price. Over the past week, the 200-day moving average (MA) has gone up 0.2% while the 50-day MA has remained constant.

Keywords: unusual volume logitech international

Ticker(s): LOGI