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Synchronoss Tech Trading Lower Today on Above-Average Volume (SNCR)

By Shiri Gupta

Shares of Synchronoss Tech are trading down 2.6% to $6.00 today on above average volume. About 324,000 shares have been traded today, as compared to the 30-day average volume of 302,000 shares. Spikes in volume can validate a breakout or signify a potential turning point.

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

In the past 52 weeks, Synchronoss Tech share prices have been bracketed by a low of $4.96 and a high of $9.05 and are now at $5.98, 21% above that low price. Over the last five market days, the 200-day moving average (MA) has gone up 0.4% while the 50-day MA has declined 0.2%.

Keywords: unusual volume synchronoss tech

Ticker(s): SNCR