Unusual Price Movement Spotted In Shares Of (NYSE: NOAH)

NYSE (NYSE: NOAH): traded higher by 15.72% or $1.4465/share to $10.65. In the past year, the shares have traded as low as $4.10 and as high as $14.64. On average, 151588 shares of NOAH exchange hands on a given day and today's volume is recorded at 327273. 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 $11.60 represents resistance and the 200-day moving average of $8.17 would be an area of support.