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Wednesday, July 10, 2013

Abnormal Volume Encountered - (NYSE: EQM)

NYSE (NYSE: EQM): fell by 2.95% or $-1.34/share to $44.01. In the past year, the shares have traded as low as $24.00 and as high as $51.72. On average, 146108 shares of EQM exchange hands on a given day and today's volume is recorded at 319986. 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 $48.39 represents resistance and the 200-day moving average of $40.91 would be an area of support.