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Monday, July 15, 2013

Extraordinary Volume Encountered In Shares Of (NASDAQ: BNCL)

NASDAQ (NASDAQ: BNCL): fell by 0.93% or $-0.08/share to $8.50. In the past year, the shares have traded as low as $8.30 and as high as $10.38. On average, 110263 shares of BNCL exchange hands on a given day and today's volume is recorded at 224653. 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 $8.56 area but be careful because the stock may face selling pressure at this level.