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Viacom Inc-B Trading Lower Today on Above-Average Volume (VIAB)

By Nick Russo

Viacom Inc-B shares are trading on heavy volume today, having fallen 6.0% to $27.45. Today's volume of 4.8 million shares tops the average 30-day volume of 3.5 million shares. Spikes in volume can validate a breakout or signify a potential turning point.

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

Viacom Inc-B share prices have moved between a 52-week high of $34.44 and a 52-week low of $23.31 and are now trading 18% above that low price at $27.51 per share. The 200-day and 50-day moving averages have moved 0.13% lower and 0.06% higher over the past week, respectively.

Keywords: unusual volume viacom inc-b

Ticker(s): VIAB