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Possible Trend Reversal, Vista Outdoor Down on Heavy Volume (VSTO)

By Shiri Gupta

Shares of Vista Outdoor are trading up -2.6% to $22.85 today on above average volume. About 412,000 shares have been traded today, as compared to the 30-day average volume of 361,000 shares. Unusually high volume can signify a potential turning point or validate a breakout.

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

In the past 52 weeks, Vista Outdoor share prices have been bracketed by a low of $18.32 and a high of $52.08 and are now at $21.95, 20% above that low price. Over the past week, the 200-day moving average (MA) has gone up 0.2% while the 50-day MA has remained constant.

Keywords: unusual volume vista outdoor

Ticker(s): VSTO