user warning: Table './fnndrupaldev/term_node' is marked as crashed and last (automatic?) repair failed query: SELECT t.* FROM term_node r INNER JOIN term_data t ON r.tid = t.tid INNER JOIN vocabulary v ON t.vid = v.vid WHERE r.vid = 433689 ORDER BY v.weight, t.weight, t.name in /var/www/www.fnno.com/htdocs/modules/taxonomy/taxonomy.module on line 617.

Sellers Reduce Exposure to Shares of SodaStream International on 1.8x Above-Average Volume (SODA)

Published on Thu, 01/31/2013 - 14:13
By Adrienne Chilton

Shares of SodaStream International are trading today in above average volume, with the share price falling 3.2% to $48.92. Today's volume of 2.3 million shares tops the average 30-day volume of 1.2 million shares. Spikes in volume can validate a breakout or signify a potential turning point.

SodaStream International Ltd. manufactures home beverage carbonation systems, which enable consumers to transform tap water into carbonated soft drinks and sparkling water. The Company develops, manufactures and sells soda makers and exchangeable carbon-dioxide (CO2) cylinders, as well as consumables, consisting of CO2 refills, reusable carbonation bottles, and flavors.

There is potential upside of 9.4% for shares of SodaStream International based on a current price of $48.92 and an average consensus analyst price target of $53.50. The stock should discover initial support at its 50-day moving average (MA) of $43.65 and subsequent support at its 200-day MA of $38.44.

Over the past year, SodaStream International has traded in a range of $28.28 to $53.99 and is now at $48.92, 73% above that low. In the last five trading sessions, the 50-day moving average (MA) has climbed 2.2% while the 200-day MA has risen 0.7%.

By Adrienne Chilton
achilton@fnno.com

Latest News from FNNO

Bearish Moving Average Cross by Eldorado...

Today, shares of Eldorado Gold (AMEX:EGO) have crossed bearishly below their 10-day mov ...

Old Dominion Freight Line Crosses Above ...

Today, shares of Old Dominion Freight Line (NASDAQ:ODFL) have advanced above their 10-d ...

Bearish Moving Average Cross by Diamond ...

Today, shares of Diamond Offshore Drilling (NYSE:DO) have fallen below their 10-day MA ...

IDEX Crosses Above its 10-day MA (IEX)...

IDEX (NYSE:IEX) shares have crossed bullishly above their 10-day moving average of $77. ...

Bullish Moving Average Cross by Darden R...

Darden Restaurants (NYSE:DRI) crossed over its 10-day moving average of $47.50 on a vol ...

Bullish Moving Average Cross by Alaska A...

Alaska Air Group (NYSE:ALK) crossed over its 10-day moving average of $46.64 on a volum ...

Alkermes Bearish Moving Average Crossove...

Today, shares of Alkermes (NASDAQ:ALKS) have fallen below their 10-day MA of $44.23 on ...

Bearish Moving Average Cross by AngloGol...

AngloGold Ashanti (NYSE:AU) crossed under its 10-day moving average of $17.00 on a volu ...