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Thursday, April 5, 2012

Big Moves After-Hours: (OPEN), (WDFC)

OpenTable, Inc. (NASDAQ: OPEN): fell by 2.74% or $-1.11/share in after hours trading to $39.45. In today's trading session, OPEN fell by 0.15% or $-0.06/share to $40.56. In the past year, the shares have traded as low as $31.54 and as high as $118.66. On average, 1171440 shares of OPEN exchange hands on a given day and today's volume is recorded at 774828. The shares are currently trading below the 200-day moving average which indicates that the shares have been suffering from downward momentum lately. The stock may bounce higher to test the 200-day moving average, so look for a move up to the $43.53 area where the stock may encounter resistance.

WD-40 Company (NASDAQ: WDFC): traded higher by 3.60% or $1.61/share in after hours trading to $46.39. In today's trading session, WDFC traded higher by 0.22% or $0.1/share to $44.78. In the past year, the shares have traded as low as $35.37 and as high as $47.97. On average, 64321 shares of WDFC exchange hands on a given day and today's volume is recorded at 69088. The shares are currently trading above the 50-day moving average which indicates that the shares have been experiencing strong upward momentum as the 50 DMA is above the 200 DMA. The stock may come back down to test the 50-day moving average, so look for a move back to the $44.08 area where the stock will likely see buying pressure.