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Wednesday, June 26, 2013

Notable Volume Encountered - (NYSE: RCI)

NYSE (NYSE: RCI): fell by 8.83% or $-3.86/share to $39.83. In the past year, the shares have traded as low as $35.02 and as high as $51.98. On average, 395575 shares of RCI exchange hands on a given day and today's volume is recorded at 821218. The shares are currently trading below the 50-day and 200-day moving averages which indicates that the shares have been experiencing downward momentum. The stock may bounce back to test the 200-day moving average. Thus, you may want to pay close attention for a move up to the $46.13 area but be careful because the stock may face selling pressure at this level.