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Possible Trend Reversal, Pgt Innovations Down on Heavy Volume (PGTI)

By Amy Schwartz

Pgt Innovations shares are trading on heavy volume today, having fallen 5.6% to $22.65. Today's volume of 1.3 million shares tops the average 30-day volume of 488,000 shares. Spikes in volume can validate a breakout or signify a potential turning point.

SmarTrend recommended that subscribers consider buying shares of Pgt Innovations on February 20th, 2018 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $17.37. Since that recommendation, shares of Pgt Innovations have risen 38.2%. We continue to monitor PGTI for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

In the past 52 weeks, shares of Pgt Innovations have traded between a low of $13.05 and a high of $26.40 and are now at $22.65, which is 74% above that low price. Over the past week, the 200-day moving average (MA) has gone up 1.0% while the 50-day MA has advanced 1.4%.

Keywords: unusual volume pgt innovations

Ticker(s): PGTI