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OraSure Technologies Rising Today on Above-Average Volume (OSUR)

By Nick Russo

The price of OraSure Technologies shares has climbed to $8.23 (a 4.8% change) on heavy trading volume. Approximately 888,000 shares have changed hands today vs. average 30-day volume of 465,000 shares. Unusually high volume can signify a potential turning point or validate a breakout.

SmarTrend recommended that subscribers consider buying shares of OraSure Technologies on August 8th, 2016 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $7.25. Since that recommendation, shares of OraSure Technologies have risen 8.3%. We continue to monitor OSUR for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

In the past 52 weeks, OraSure Technologies share prices have been bracketed by a low of $3.75 and a high of $14.01 and are now at $8.21, 119% above that low price. Over the last five market days, the 200-day moving average (MA) has gone up 0.5% while the 50-day MA has advanced 0.6%.

Keywords: unusual volume orasure technologies

Ticker(s): OSUR