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Synchronoss Technologies Falling Today on Above-Average Volume (SNCR)

By Shiri Gupta

Shares of Synchronoss Technologies are trading today in above average volume, with the share price falling 2.7% to $10.45. About 332,000 shares have been traded today, as compared to the 30-day average volume of 296,000 shares. Unusually high volume can signify a potential turning point or validate a breakout.

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

Over the past year, Synchronoss Technologies has traded in a range of $10.36 to $51.48 and is now at $10.43, 1% above that low. In the last five trading sessions, the 50-day moving average (MA) has climbed 1.2% while the 200-day MA has slid 0.9%.

Keywords: unusual volume synchronoss technologies

Ticker(s): SNCR