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Portola Pharmace Trading Lower Today on Above-Average Volume (PTLA)

By Shiri Gupta

Portola Pharmace shares are trading on heavy volume today, having fallen 2.9% to $29.46. Today's volume of 957,000 shares tops the average 30-day volume of 953,000 shares. Unusually high volume can signify a potential turning point or validate a breakout.

SmarTrend is monitoring the recent change of momentum in Portola Pharmace. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of Portola Pharmace in search of a potential trend change.

Portola Pharmace share prices have moved between a 52-week high of $37.91 and a 52-week low of $14.81 and are now trading 98% above that low price at $29.30 per share. In the last five trading sessions, the 50-day moving average (MA) has climbed 0.6% while the 200-day MA has risen 0.6%.

Keywords: unusual volume portola pharmace

Ticker(s): PTLA