• Return to Headlines

Possible Trend Reversal, Great Western Ba Down on Heavy Volume (GWB)

By David Diaz

Shares of Great Western Ba are trading today in above average volume, with the share price falling 0.8% to $34.78. Approximately 377,000 shares have changed hands today vs. average 30-day volume of 321,000 shares. Unusually high volume can signify a potential turning point or validate a breakout.

SmarTrend recommended that subscribers consider buying shares of Great Western Ba on January 7th, 2019 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $32.70. Since that recommendation, shares of Great Western Ba have risen 7.2%. We continue to monitor GWB for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Over the past year, Great Western Ba has traded in a range of $29.52 to $46.03 and is now at $34.76, 18% above that low. Over the last five market days, the 200-day moving average (MA) has gone down 0.4% while the 50-day MA has advanced 0.9%.

Keywords: unusual volume great western ba

Ticker(s): GWB