Stage Stores Falling Today on Above-Average Volume (SSI)
Stage Stores's stock is down 17.3% to $4.87 on heavy trading volume. About 1.0 million shares have been traded today, as compared to the 30-day average volume of 452,000 shares. Spikes in volume can validate a breakout or signify a potential turning point.
SmarTrend recommended that its subscribers protect gains by selling shares of Stage Stores on February 9th, 2016 by issuing a Downtrend alert when the shares were trading at $7.22. Since that call, shares of Stage Stores have fallen 18.5%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.
Stage Stores share prices have moved between a 52-week high of $20.27 and the current low of $4.82 and are currently at $4.96 per share. Over the last five market days, the 200-day moving average (MA) has gone down 2.2% while the 50-day MA has declined 0.7%.
Keywords: unusual volume stage stores