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Netgear Inc Rising Today on Above-Average Volume (NTGR)

By James Quinn

Shares of Netgear Inc are trading today in above average volume, with the share price rising 2.3% to $76.85. Approximately 239,000 shares have changed hands today vs. average 30-day volume of 236,000 shares. Spikes in volume can validate a breakout or signify a potential turning point.

SmarTrend recommended that subscribers consider buying shares of Netgear Inc on May 22nd, 2018 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $61.86. Since that recommendation, shares of Netgear Inc have risen 21.4%. We continue to monitor NTGR for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Netgear Inc share prices have moved between a 52-week high of $77.00 and a 52-week low of $43.10 and are now trading 77% above that low price at $76.25 per share. Over the last five market days, the 200-day moving average (MA) has gone up 0.6% while the 50-day MA has advanced 1.8%.

Keywords: unusual volume netgear inc

Ticker(s): NTGR