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Shutterfly Trading Higher Today on Above-Average Volume, Consistent With Trend (SFLY)
[March 02, 2012]

Shutterfly Trading Higher Today on Above-Average Volume, Consistent With Trend (SFLY)


Mar 02, 2012 (SmarTrend(R) News Watch via COMTEX) -- Shutterfly's stock is up 20.4% to $32.39 on heavy trading volume. Approximately 3.5 million shares have changed hands today vs. average 30-day volume of 1.1 million shares. Unusually high volume can signify a potential turning point or validate a breakout.



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

Shutterfly share prices have moved between a 52-week high of $66.70 and a 52-week low of $21.34 and are now trading 52% above that low price at $32.47 per share. The 200-day and 50-day moving averages have moved 1.35% lower and 1.01% higher over the past week, respectively.


Write to Chip Brian at [email protected] --------------------------------------------------------------------------------------------- SmarTrend analyzes over 5,000 securities simultaneously throughout the trading day and provides its subscribers with trend change alerts in real time. To get a free trial of our trading calls and maximize your trading results, please visit http://www.MySmarTrend.com Get exclusive, actionable insight into how the market is expected to trend prior to market open with our free morning newsletter. Sign up at: http://www.MySmarTrend.com/signup

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