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Weight Watchers Rising Today on Above-Average Volume (WTW)

By Shiri Gupta

Shares of Weight Watchers are trading today in above average volume, with the share price rising 16.0% to $24.57. Approximately 3.1 million shares have changed hands today vs. average 30-day volume of 1.6 million shares. Spikes in volume can validate a breakout or signify a potential turning point.

SmarTrend recommended that subscribers consider buying shares of Weight Watchers on November 10th, 2016 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $12.05. Since that recommendation, shares of Weight Watchers have risen 75.9%. We continue to monitor WTW for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Over the past year, Weight Watchers has traded in a range of $3.67 to $28.05 and is now at $24.80, 576% above that low. Over the last five market days, the 200-day moving average (MA) has gone up 1.3% while the 50-day MA has declined 1%.

Keywords: unusual volume weight watchers

Ticker(s): WTW