TMCnet News
Northrop Grumman Trading Higher Today on Above-Average Volume, Consistent With Trend (NOC)May 17, 2013 (SmarTrend(R) News Watch via COMTEX) -- Northrop Grumman's stock is up 3.9% to $82.09 on heavy trading volume. Approximately 1.9 million shares have changed hands today vs. average 30-day volume of 1.6 million shares. Unusually high volume can signify a potential turning point or validate a breakout. SmarTrend recommended that subscribers consider buying shares of Northrop Grumman on April 24th, 2013 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $72.47. Since that recommendation, shares of Northrop Grumman have risen 9.0%. We continue to monitor NOC for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately. Northrop Grumman share prices have moved between a 52-week high of $83.28 and a 52-week low of $56.59 and are now trading 45% above that low price at $82.09 per share. Over the past week, the 200-day moving average (MA) has gone up 0.4% while the 50-day MA has advanced 1.6%. 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 |
