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Truecar Inc Rising Today on Above-Average Volume (TRUE)

By Shiri Gupta

Truecar Inc's stock is up 9.0% to $12.40 on heavy trading volume. Approximately 1.6 million shares have changed hands today vs. average 30-day volume of 755,000 shares. Spikes in volume can validate a breakout or signify a potential turning point.

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

Truecar Inc share prices have moved between a 52-week high of $19.74 and a 52-week low of $8.75 and are now trading 41% above that low price at $12.31 per share. In the last five trading sessions, the 50-day moving average (MA) has climbed 1.3% while the 200-day MA has slid 0.8%.

Keywords: unusual volume truecar inc

Ticker(s): TRUE