TMCnet News
AvalonBay Communities Trading Higher Today on Above-Average Volume (AVB)Nov 27, 2012 (SmarTrend(R) News Watch via COMTEX) -- Shares of AvalonBay Communities are trading today in above average volume, with the share price rising 2.3% to $131.96. Today's volume of 1.0 million shares tops the average 30-day volume of 658,000 shares. Unusually high volume can signify a potential turning point or validate a breakout. SmarTrend is monitoring the recent change of momentum in AvalonBay Communities. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of AvalonBay Communities in search of a potential trend change. AvalonBay Communities share prices have moved between a 52-week high of $151.23 and a 52-week low of $117.97 and are now trading 11% above that low price at $130.80 per share. The 200-day and 50-day moving averages have moved 0.10% higher and 0.21% lower 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 |