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GrafTech International Trading Higher Today on Above-Average Volume (GTI)
Dec 18, 2012 (SmarTrend(R) News Watch via COMTEX) --
Shares of GrafTech International are trading today in above average volume, with the share price rising 2.8% to $8.71. Approximately 1.5 million shares have changed hands today vs. average 30-day volume of 1.2 million shares. Spikes in volume can validate a breakout or signify a potential turning point.
SmarTrend is monitoring the recent change of momentum in GrafTech International. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of GrafTech International in search of a potential trend change.
GrafTech International share prices have moved between a 52-week high of $17.69 and a 52-week low of $8.42 and are now trading 3% above that low price at $8.67 per share. Over the last five market days, the 200-day moving average (MA) has gone down 1% while the 50-day MA has declined 0.3%.
Write to Chip Brian at cbrian@mysmartrend.com
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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
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