Interwoven (IWOV) NewsBite - Trading With Unusual Volume

Posted: Monday, March 16, 2009 3:15 PM EDT

Interwoven (IWOV) appears to be trading at a higher than usual volume today and is now at $16.05, up $0.40 (2.52%) on volume of 5,290,438 shares traded. For the last 30 days IWOV has traded 1,167,820 shares on average each day. So far today's volume is 353.02% above that average volume. Over the last 52 weeks the stock has ranged from a low of $9.67 to a high of $16.18. Interwoven stock has been showing support around $14.59 and resistance in the $16.67 range. Technical indicators for the stock are neutral and S&P does not currently have a STARS rating for IWOV. We will just watch this one for now. There are no hedged trades we like the look of for IWOV. [ABR-Seven Summits Strategic Investments NewsBite]

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