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Shares of Dycom Industries Are Down on Strong Volume (DY)

By Amy Schwartz

Shares of Dycom Industries are trading today in above average volume, with the share price falling 3.0% to $89.16. About 535,000 shares have been traded today, as compared to the 30-day average volume of 492,000 shares. Spikes in volume can validate a breakout or signify a potential turning point.

SmarTrend is monitoring the recent change of momentum in Dycom Industries. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of Dycom Industries in search of a potential trend change.

In the past 52 weeks, shares of Dycom Industries have traded between a low of $45.45 and a high of $98.45 and are now at $89.16, which is 96% above that low price. Over the past week, the 200-day moving average (MA) has remained constant while the 50-day MA has advanced 1.4%.

Keywords: unusual volume dycom industries

Ticker(s): DY