Energy Conversion Devices (ENER) NewsBite - Trading With Unusual Volume
Posted: Monday, February 09, 2009 3:20 PM EDT
By: Market Intelligence Center Staff
Energy Conversion Devices (ENER) appears to be trading at a higher than usual volume today and is now at $26.96, up $1.21 (4.70%) on volume of 4,863,907 shares traded. For the last 30 days ENER has traded 1,955,790 shares on average each day. So far today's volume is 148.69% above that average volume. Over the last 52 weeks the stock has ranged from a low of $18.32 to a high of $83.33. Energy Conversion Devices stock has been showing support around $23.94 and resistance in the $27.06 range. Technical indicators for the stock are neutral and S&P gives ENER a neutral 3 STARS (out of 5) hold ranking. If you are looking for a hedged play on ENER the stock seems like it could be a candidate for a March out-of-the-money bull-put credit spread below the 22.50 range. [ABR-Seven Summits Strategic Investments NewsBite]
CLICK HERE: FREE Energy Conversion Devices (ENER) Stock ReportSee what our analysts have uncovered about Energy Conversion Devices (ENER).