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Yelp Inc Trading Lower on Heavy Volume, Inline With Overall Trend (YELP)

By Nick Russo

Shares of Yelp Inc are trading today in above average volume, with the share price falling 27.1% to $31.72. Today's volume of 9.6 million shares tops the average 30-day volume of 1.5 million shares. Spikes in volume can validate a breakout or signify a potential turning point.

SmarTrend is tracking the current trend status for Yelp Inc and will alert subscribers who have YELP in their portfolio or watchlist when shares have changed trend direction.

Over the past year, Yelp Inchas traded in a range of $29.33 to $52.50 and are now at $30.61. Over the last five market days, the 200-day moving average (MA) has remained constant while the 50-day MA has declined 0.5%.

Keywords: unusual volume yelp inc

Ticker(s): YELP