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Tuesday, March 27, 2012

Abnormal Volume Encountered In (NYSE: HTS)

Hatteras Financial Corp (NYSE: HTS): fell by 2.10% or $-0.59/share to $27.45. In the past year, the shares have traded as low as $22.33 and as high as $29.39. On average, 837548 shares of HTS exchange hands on a given day and today's volume is recorded at 2987944. The shares are currently trading below the 50-day moving average but above the 200-day moving average. The stock may be range bound between these two levels where the 50-day moving average of $28.31 represents resistance and the 200-day moving average of $26.75 would be an area of support.