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Thursday, April 5, 2012

Notable Price Movement Observed In (NASDAQ: SHLM)

A. Schulman, Inc. (NASDAQ: SHLM): fell by 15.51% or $-4.32/share to $23.53. In the past year, the shares have traded as low as $16.16 and as high as $28.00. On average, 182046 shares of SHLM exchange hands on a given day and today's volume is recorded at 421628. 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 $26.56 represents resistance and the 200-day moving average of $22.52 would be an area of support.