Unexpected Volume Observed In Shares Of (TSE: NM.TO)

TSE (TSE: NM): remained unchanged at $11.10. In the past year, the shares have traded as low as $8.81 and as high as $32.00. On average, 538 shares of NM.TO exchange hands on a given day and today's volume is recorded at 1100. 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 $11.96 area but be careful because the stock may face selling pressure at this level.