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 = 1052801 ORDER BY v.weight, t.weight, t.name in /var/www/www.fnno.com/htdocs/modules/taxonomy/taxonomy.module on line 617.

Volume Spike Detected in Shares of Overstock.com as They Move Lower on 1.3x Above-Average Volume (OSTK)

Published on Fri, 07/11/2014 - 13:19
By Robert Cotter

Shares of Overstock.com are trading today in above average volume, with the share price falling 3.0% to $14.27. About 272,000 shares have been traded today, as compared to the 30-day average volume of 203,000 shares. Spikes in volume can validate a breakout or signify a potential turning point.

Potential upside of 31.4% exists for Overstock.com, based on a current level of $14.27 and analysts' average consensus price target of $18.75. The stock should run into initial resistance at its 50-day moving average (MA) of $15.58 and subsequent resistance at its 200-day MA of $22.02.

Over the past year, Overstock.com has traded in a range of $4.97 to $35.60 and is now at $14.27, 187% above that low. In the last five trading sessions, the 50-day moving average (MA) has fallen 0.5% while the 200-day MA has slid 1.2%.

Overstock.com, Inc. offers discounted brand-name merchandise for sale over the Internet. Products include bed-and-bath goods, kitchenware, jewelry, sporting goods, electronics, and designer accessories.

By Robert Cotter
rcotter@fnno.com

Latest News from FNNO

Recent 52-Week High Exceeded in Shares o...

Shares of Washington Real Estate Investment Trust (NYSE:WRE) traded at a new 52-week hi ...

Shares of WR Berkley Rise Above Previous...

WR Berkley (NYSE:WRB) traded at a new 52-week high today of $48.01. Approximately 221, ...

Shares of WPX Energy Rise Above Previous...

WPX Energy (NYSE:WPX) traded at a new 52-week high today of $25.05. This new high was ...

WP Carey Looks to Continue to Trade Abov...

WP Carey (NYSE:WPC) traded today at a new 52-week high of $69.12. Approximately 185,00 ...

Recent 52-Week High Exceeded in Shares o...

VCA Antech (NASDAQ:WOOF) traded today at a new 52-week high of $39.57. This new high w ...

Waste Management: 52-Week High Recently ...

Shares of Waste Management (NYSE:WM) traded today at $46.92, breaking its 52-week high. ...

Recent 52-Week High Exceeded in Shares o...

Shares of Vector Group (NYSE:VGR) traded at a new 52-week high today of $23.20. So far ...

Recent 52-Week High Exceeded in Shares o...

Union Pacific (NYSE:UNP) traded at a new 52-week high today of $106.30. Approximately ...