Unexpected Volume Found In (NYSE: ASX)

NYSE (NYSE: ASX): traded higher by 0.24% or $0.01/share to $4.14. In the past year, the shares have traded as low as $3.44 and as high as $4.65. On average, 679736 shares of ASX exchange hands on a given day and today's volume is recorded at 790699. The shares are currently trading below the 200-day moving average but above the 50-day moving average. The stock may be range bound between these two levels where the 200-day moving average of $4.16 represents resistance and the 50-day moving average of $4.14 would be an area of support.