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TTM Technologies Trading Higher Today on Above-Average Volume, Consistent With Trend (TTMI)

By David Diaz

TTM Technologies shares are trading on heavy volume today, having risen 1.5% to $11.49. Today's volume of 709,000 shares tops the average 30-day volume of 516,000 shares. Spikes in volume can validate a breakout or signify a potential turning point.

SmarTrend recommended that subscribers consider buying shares of TTM Technologies on February 8th, 2016 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $6.41. Since that recommendation, shares of TTM Technologies have risen 76.6%. We continue to monitor TTMI for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Over the past year, TTM Technologies has traded in a range of $4.67 to $11.58 and is now at $11.55, 147% above that low. In the last five trading sessions, the 50-day moving average (MA) has remained constant while the 200-day MA has slid 0.9%.

Keywords: unusual volume ttm technologies

Ticker(s): TTMI