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Shares of Acxiom Corp Exhibit Possible Trend Reversal as it Trades Higher (ACXM)

By Nick Russo

The price of Acxiom Corp shares has climbed to $27.40 (a -0.6% change) on heavy trading volume. About 600,000 shares have been traded today, as compared to the 30-day average volume of 336,000 shares. Spikes in volume can validate a breakout or signify a potential turning point.

SmarTrend recommended that its subscribers protect gains by selling shares of Acxiom Corp on March 28th, 2018 by issuing a Downtrend alert when the shares were trading at $29.26. Since that call, shares of Acxiom Corp have fallen 5.8%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Over the past year, Acxiom Corp has traded in a range of $18.60 to $32.93 and is now at $27.74, 49% above that low. Over the last five market days, the 200-day moving average (MA) has gone up 0.5% while the 50-day MA has advanced 0.8%.

Keywords: unusual volume acxiom corp

Ticker(s): ACXM