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Shares of Dynavax Technolo Down on Above Average Volume, Moving Against Trend (DVAX)

By Amy Schwartz

The price of Dynavax Technolo shares has slipped to $16.89 (a 12.7% change) on heavy trading volume. About 2.7 million shares have been traded today, as compared to the 30-day average volume of 942,000 shares. Spikes in volume can validate a breakout or signify a potential turning point.

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

Over the past year, Dynavax Technolo has traded in a range of $3.20 to $24.45 and is now at $16.90, 428% above that low. The 200-day and 50-day moving averages have moved 1.08% lower and 1.47% lower over the past week, respectively.

Keywords: unusual volume dynavax technolo

Ticker(s): DVAX