Unique Price Movement Observed In Shares Of (AMEX: ANV)

AMEX (AMEX: ANV): traded higher by 15.32% or $0.85/share to $6.40. In the past year, the shares have traded as low as $5.40 and as high as $41.02. On average, 3086000 shares of ANV exchange hands on a given day and today's volume is recorded at 3440805. 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 $7.60 area but be careful because the stock may face selling pressure at this level.