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Sohu.com Trading Higher Today on Above-Average Volume (SOHU)

By Shiri Gupta

Sohu.com's stock is up 7.7% to $44.72 on heavy trading volume. Today's volume of 357,000 shares tops the average 30-day volume of 250,000 shares. Spikes in volume can validate a breakout or signify a potential turning point.

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

In the past 52 weeks, shares of Sohu.com have traded between a low of $32.60 and a high of $71.78 and are now at $44.40, which is 36% above that low price. In the last five trading sessions, the 50-day moving average (MA) has fallen 0.3% while the 200-day MA has slid 0.2%.

Keywords: unusual volume sohu.com

Ticker(s): SOHU