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Possible Trend Reversal, H&R Block Inc Down on Heavy Volume (HRB)

By David Diaz

H&R Block Inc's stock is down 20.2% to $23.62 on heavy trading volume. About 4.5 million shares have been traded today, as compared to the 30-day average volume of 1.9 million shares. Spikes in volume can validate a breakout or signify a potential turning point.

SmarTrend recommended that subscribers consider buying shares of H&R Block Inc on April 25th, 2018 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $27.72. Since that recommendation, shares of H&R Block Inc have risen 6.8%. We continue to monitor HRB for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

In the past 52 weeks, shares of H&R Block Inc have traded between the current low of $0.00 and a high of $31.80 and are now at $0.00. The 200-day and 50-day moving averages have moved 0.05% lower and 0.96% higher over the past week, respectively.

Keywords: unusual volume h&r block inc

Ticker(s): HRB