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Nn Inc Falling Today on Above-Average Volume (NNBR)

By David Diaz

Shares of Nn Inc are trading today in above average volume, with the share price falling 13.9% to $7.79. Today's volume of 474,000 shares tops the average 30-day volume of 312,000 shares. Spikes in volume can validate a breakout or signify a potential turning point.

SmarTrend recommended that subscribers consider buying shares of Nn Inc on January 7th, 2019 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $7.47. Since that recommendation, shares of Nn Inc have risen 21.2%. We continue to monitor NNBR for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Nn Inc share prices have moved between a 52-week high of $25.55 and a 52-week low of $5.55 and are now trading 63% above that low price at $9.05 per share. Over the last five market days, the 200-day moving average (MA) has gone down 1.4% while the 50-day MA has advanced 2.2%.

Keywords: unusual volume nn inc

Ticker(s): NNBR