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TMCNet:  The Men's Wearhouse Falling Today on Above-Average Volume (MW)

[December 06, 2012]

The Men's Wearhouse Falling Today on Above-Average Volume (MW)

Dec 06, 2012 (SmarTrend(R) News Watch via COMTEX) -- The Men's Wearhouse shares are trading on heavy volume today, having fallen 3.4% to $30.29. About 1.8 million shares have been traded today, as compared to the 30-day average volume of 388,000 shares. Unusually high volume can signify a potential turning point or validate a breakout.


SmarTrend is tracking the current trend status for The Men's Wearhouse and will alert subscribers who have MW in their portfolio or watchlist when shares have changed trend direction.

In the past 52 weeks, The Men's Wearhouse share prices have been bracketed by a low of $25.97 and a high of $40.97 and are now at $29.00, 12% above that low price. The 200-day and 50-day moving averages have moved 0.16% lower and 0.65% lower over the past week, respectively.

Write to Chip Brian at cbrian@mysmartrend.com --------------------------------------------------------------------------------------------- SmarTrend analyzes over 5,000 securities simultaneously throughout the trading day and provides its subscribers with trend change alerts in real time. To get a free trial of our trading calls and maximize your trading results, please visit http://www.MySmarTrend.com Get exclusive, actionable insight into how the market is expected to trend prior to market open with our free morning newsletter. Sign up at: http://www.MySmarTrend.com/signup

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