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Zayo Group Holdi Falling Today on Above-Average Volume (ZAYO)

By Nick Russo

Zayo Group Holdi shares are trading on heavy volume today, having fallen 24.2% to $23.02. Approximately 4.9 million shares have changed hands today vs. average 30-day volume of 3.5 million 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 Zayo Group Holdi on July 23rd, 2018 by issuing a Downtrend alert when the shares were trading at $37.38. Since that call, shares of Zayo Group Holdi have fallen 18.7%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Zayo Group Holdi share prices have moved between a 52-week high of $39.66 and the current low of $22.00 and are currently at $22.75 per share. Over the last five market days, the 200-day moving average (MA) has gone down 0.3% while the 50-day MA has declined 0.9%.

Keywords: unusual volume zayo group holdi

Ticker(s): ZAYO