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Wabash National Trading Lower on Heavy Volume, Inline With Overall Trend (WNC)

By Shiri Gupta

Wabash National shares are trading on heavy volume today, having fallen 21.6% to $13.14. Approximately 1.2 million shares have changed hands today vs. average 30-day volume of 545,000 shares. Unusually high volume can signify a potential turning point or validate a breakout.

SmarTrend recommended that its subscribers protect gains by selling shares of Wabash National on February 28th, 2018 by issuing a Downtrend alert when the shares were trading at $22.27. Since that call, shares of Wabash National have fallen 24.7%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

In the past 52 weeks, shares of Wabash National have traded between the current low of $12.40 and a high of $26.54 and are now at $13.25. In the last five trading sessions, the 50-day moving average (MA) has fallen 0.9% while the 200-day MA has slid 0.4%.

Keywords: unusual volume wabash national

Ticker(s): WNC