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Triumph Group Rising Today on Above-Average Volume (TGI)

By Amy Schwartz

Shares of Triumph Group are trading today in above average volume, with the share price rising 6.4% to $25.81. Today's volume of 462,000 shares tops the average 30-day volume of 377,000 shares. Unusually high volume can signify a potential turning point or validate a breakout.

SmarTrend recommended that subscribers consider buying shares of Triumph Group on June 28th, 2019 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $22.20. Since that recommendation, shares of Triumph Group have risen 9.3%. We continue to monitor TGI for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

In the past 52 weeks, Triumph Group share prices have been bracketed by a low of $11.16 and a high of $26.00 and are now at $25.70, 130% above that low price. In the last five trading sessions, the 50-day moving average (MA) has climbed 0.7% while the 200-day MA has risen 0.2%.

Keywords: unusual volume triumph group

Ticker(s): TGI