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Possible Trend Reversal, Adamas Pharmaceu Down on Heavy Volume (ADMS)

By Nick Russo

Adamas Pharmaceu's stock is down 1.2% to $5.94 on heavy trading volume. About 527,000 shares have been traded today, as compared to the 30-day average volume of 299,000 shares. Spikes in volume can validate a breakout or signify a potential turning point.

SmarTrend is tracking the current trend status for Adamas Pharmaceu and will alert subscribers who have ADMS in their portfolio or watchlist when shares have changed trend direction.

Adamas Pharmaceu share prices have moved between a 52-week high of $26.34 and a 52-week low of $4.20 and are now trading 37% above that low price at $5.76 per share. Over the last five market days, the 200-day moving average (MA) has gone down 3% while the 50-day MA has advanced 1.7%.

Keywords: unusual volume adamas pharmaceu

Ticker(s): ADMS