• 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 = 442350 ORDER BY v.weight, t.weight, t.name in /var/www/www.fnno.com/htdocs/modules/taxonomy/taxonomy.module on line 617.
  • user warning: Table './fnndrupaldev/sessions' is marked as crashed and last (automatic?) repair failed query: SELECT COUNT(sid) AS count FROM sessions WHERE timestamp >= 1417008873 AND uid = 0 in /var/www/www.fnno.com/htdocs/includes/session.inc on line 111.
  • user warning: Table './fnndrupaldev/sessions' is marked as crashed and last (automatic?) repair failed query: SELECT DISTINCT u.uid, u.name, s.timestamp FROM users u INNER JOIN sessions s ON u.uid = s.uid WHERE s.timestamp >= 1417008873 AND s.uid > 0 ORDER BY s.timestamp DESC in /var/www/www.fnno.com/htdocs/modules/user/user.module on line 765.

Volume Spike Detected in Shares of Whole Foods Market as They Move Lower on 6.2x Above-Average Volume (WFM)

Published on Thu, 02/14/2013 - 14:09
By Adrienne Chilton

The price of Whole Foods Market shares has slipped to $87.50 (a 9.7% change) on heavy trading volume. Approximately 9.8 million shares have changed hands today vs. average 30-day volume of 1.6 million shares. Unusually high volume can signify a potential turning point or validate a breakout.

In the past 52 weeks, Whole Foods Market share prices have been bracketed by a low of $53.32 and a high of $101.86 and are now at $87.50, 64% above that low price. Over the past week, the 200-day moving average (MA) has gone up 0.2% while the 50-day MA has advanced 0.2%.

Whole Foods Market, Inc. owns and operates a chain of natural food supermarkets in the United States. The Company's stores provides full range of merchandise, featuring products that are free of artificial flavors, sweeteners, colors, preservatives, and added chemicals. Whole Foods also develops, produces, and markets nutriceuticals and nutritional supplements.

Potential upside of 20.9% exists for Whole Foods Market, based on a current level of $87.50 and analysts' average consensus price target of $105.78. The stock should run into initial resistance at its 50-day moving average (MA) of $91.96 and subsequent resistance at its 200-day MA of $92.98.

By Adrienne Chilton
achilton@fnno.com

Latest News from FNNO

Encore Capital Group is Among the Compan...

We looked at the Specialized Finance industry and measured relative performance to find ...

Shares of Dr Pepper Snapple Rank the Hig...

We looked at the Soft Drinks industry and measured relative performance to find the top ...

Relatively Good Performance Detected in ...

Here are the top 5 stocks in the Semiconductors industry ranked by performance. We com ...

Possible Bearish Inside Day Candle Patte...

Analysts have spotted a possible bearish inside day candle pattern in OraSure Technolog ...

Possible Bearish Inside Day Candle Patte...

Analysts have spotted a possible bearish inside day candle pattern in McKesson (NYSE:MC ...

MKS Instruments is Among the Companies i...

Here are the top 5 stocks in the Semiconductor Equipment industry ranked by performance ...

Possible Bearish Inside Day Candle Patte...

Analyzing the price chart for Endurance Specialty (NYSE:ENH) has revealed a potential ...

Pennsylvania Real Estate Investment Trus...

Below are the top five companies in the Retail REITs industry as measured by relative p ...