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Shares of Glaukos Corp Are Up on Strong Volume (GKOS)

By Shiri Gupta

Glaukos Corp's stock is up 3.6% to $28.61 on heavy trading volume. Approximately 503,000 shares have changed hands today vs. average 30-day volume of 299,000 shares. Unusually high volume can signify a potential turning point or validate a breakout.

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

Over the past year, Glaukos Corp has traded in a range of $23.08 to $52.49 and is now at $28.82, 25% above that low. Over the past week, the 200-day moving average (MA) has gone down 0.7% while the 50-day MA has advanced 2.5%.

Keywords: unusual volume glaukos corp

Ticker(s): GKOS