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Shares of Pinnacle Financial Partners Are Up on Strong Volume (PNFP)

By David Diaz

Pinnacle Financial Partners's stock is up 2.4% to $67.20 on heavy trading volume. Today's volume of 332,000 shares tops the average 30-day volume of 232,000 shares. Unusually high volume can signify a potential turning point or validate a breakout.

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

Pinnacle Financial Partners share prices have moved between a 52-week high of $71.85 and a 52-week low of $43.32 and are now trading 55% above that low price at $67.35 per share. Over the past week, the 200-day moving average (MA) has gone down 0.3% while the 50-day MA has advanced 0.3%.

Keywords: unusual volume pinnacle financial partners

Ticker(s): PNFP