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Newell Brands In Trading Higher Today on Above-Average Volume, Consistent With Trend (NWL)

By Shiri Gupta

Newell Brands In shares are trading on heavy volume today, having risen 4.5% to $20.40. Approximately 2.3 million shares have changed hands today vs. average 30-day volume of 1.9 million shares. Spikes in volume can validate a breakout or signify a potential turning point.

SmarTrend recommended that subscribers consider buying shares of Newell Brands In on August 7th, 2019 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $16.01. Since that recommendation, shares of Newell Brands In have risen 21.9%. We continue to monitor NWL for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

In the past 52 weeks, shares of Newell Brands In have traded between a low of $13.14 and a high of $22.06 and are now at $20.00, which is 52% above that low price. Over the past week, the 200-day moving average (MA) has gone up 0.7% while the 50-day MA has advanced 0.4%.

Keywords: unusual volume newell brands in

Ticker(s): NWL