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Friday, June 21, 2013

Significant Price Movement Detected In Shares Of (NYSE: ELP)

NYSE (NYSE: ELP): fell by 15.08% or $-2.1/share to $11.83. In the past year, the shares have traded as low as $12.53 and as high as $22.12. On average, 347605 shares of ELP exchange hands on a given day and today's volume is recorded at 503878. 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 $15.96 area where the stock may encounter resistance.