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Silicon Image Falling Today on Above-Average Volume (SIMG)
Jan 04, 2013 (SmarTrend(R) News Watch via COMTEX) --
The price of Silicon Image shares has slipped to $4.61 (a 10.7% change) on heavy trading volume. About 1.2 million shares have been traded today, as compared to the 30-day average volume of 704,000 shares. Spikes in volume can validate a breakout or signify a potential turning point.
SmarTrend is monitoring the recent change of momentum in Silicon Image. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of Silicon Image in search of a potential trend change.
Silicon Image share prices have moved between a 52-week high of $6.20 and a 52-week low of $3.53 and are now trading 30% above that low price at $4.60 per share. The 200-day and 50-day moving averages have moved 0.14% lower and 0.79% higher over the past week, respectively.
Write to Chip Brian at cbrian@mysmartrend.com
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