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Possible Trend Reversal, Blackhawk Networ Down on Heavy Volume (HAWK)

By Nick Russo

The price of Blackhawk Networ shares has slipped to $44.75 (a 0.0% change) on heavy trading volume. About 1.3 million shares have been traded today, as compared to the 30-day average volume of 446,000 shares. Spikes in volume can validate a breakout or signify a potential turning point.

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

In the past 52 weeks, shares of Blackhawk Networ have traded between a low of $28.88 and a high of $47.00 and are now at $44.75, which is 55% above that low price. Over the past week, the 200-day moving average (MA) has gone down 0.5% while the 50-day MA has declined 1.2%.

Keywords: unusual volume blackhawk networ

Ticker(s): HAWK