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Possible Trend Reversal, Rogers Corp Down on Heavy Volume (ROG)

By Shiri Gupta

The price of Rogers Corp shares has slipped to $152.74 (a 15.2% change) on heavy trading volume. Today's volume of 239,000 shares tops the average 30-day volume of 204,000 shares. Unusually high volume can signify a potential turning point or validate a breakout.

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

Rogers Corp share prices have moved between a 52-week high of $206.43 and a 52-week low of $89.21 and are now trading 80% above that low price at $160.42 per share. In the last five trading sessions, the 50-day moving average (MA) has climbed 1.0% while the 200-day MA has risen 0.8%.

Keywords: unusual volume rogers corp

Ticker(s): ROG