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Time Warner Inc Declining With Trend-Confirming Volume (TWX)

By David Diaz

The price of Time Warner Inc shares has climbed to $99.40 (a 3.3% change) on heavy trading volume. About 9.7 million shares have been traded today, as compared to the 30-day average volume of 5.3 million shares. Spikes in volume can validate a breakout or signify a potential turning point.

SmarTrend is tracking the current trend status for Time Warner Inc and will alert subscribers who have TWX in their portfolio or watchlist when shares have changed trend direction.

In the past 52 weeks, shares of Time Warner Inc have traded between a low of $85.88 and a high of $103.90 and are now at $99.40, which is 16% above that low price. Over the last five market days, the 200-day moving average (MA) has remained constant while the 50-day MA has remained constant.

Keywords: unusual volume time warner inc

Ticker(s): TWX