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Walgreens Boots Rising Today on Above-Average Volume (WBA)

By James Quinn

Walgreens Boots's stock is up 2.2% to $73.90 on heavy trading volume. Approximately 5.2 million shares have changed hands today vs. average 30-day volume of 4.7 million shares. Spikes in volume can validate a breakout or signify a potential turning point.

SmarTrend recommended that subscribers consider buying shares of Walgreens Boots on July 27th, 2018 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $68.22. Since that recommendation, shares of Walgreens Boots have risen 6.0%. We continue to monitor WBA for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Over the past year, Walgreens Boots has traded in a range of $59.07 to $88.00 and is now at $74.14, 26% above that low. Over the last five market days, the 200-day moving average (MA) has remained constant while the 50-day MA has advanced 0.4%.

Keywords: unusual volume walgreens boots

Ticker(s): WBA