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Shares of Mindray Medical International Are Up on Strong Volume (MR)

By Amy Schwartz

Mindray Medical International shares are trading on heavy volume today, having risen 16.0% to $32.51. About 2.4 million shares have been traded today, as compared to the 30-day average volume of 446,000 shares. Unusually high volume can signify a potential turning point or validate a breakout.

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

In the past 52 weeks, Mindray Medical International share prices have been bracketed by a low of $25.90 and a high of $35.53 and are now at $32.46, 25% above that low price. The 200-day and 50-day moving averages have moved 0.11% lower and 0.32% higher over the past week, respectively.

Keywords: unusual volume mindray medical international

Ticker(s): MR