[May 01, 2013] Shares of Allergan Are Down on Strong Volume (AGN) Tweet May 01, 2013 (SmarTrend(R) News Watch via COMTEX) -- Shares of Allergan are trading down 10.0% to $102.16 today on above average volume. Today's volume of 4.8 million shares tops the average 30-day volume of 1.1 million shares. Spikes in volume can validate a breakout or signify a potential turning point. SmarTrend is monitoring the recent change of momentum in Allergan. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of Allergan in search of a potential trend change. Allergan share prices have moved between a 52-week high of $116.45 and a 52-week low of $81.28 and are now trading 26% above that low price at $102.16 per share. Over the last five market days, the 200-day moving average (MA) has gone up 0.3% while the 50-day MA has advanced 0.3%. 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 [ Back To TMCnet.com's Homepage ]