Sep 23, 2011 (SmarTrend(R) News Watch via COMTEX) — Shares of finish Line (NASDAQ:FINL – Snapshot Report) are trading up 10.7% to $20.40 today on above average volume. Approximately 1.6 million shares have traded hands today vs. average 30-day volume of 820,000 shares.
Spikes in volume can validate a breakout or signify a potential turning point. As such, SmarTrend will continue to monitor shares of FINL to see if this bullish momentum will continue.
The finish Line, inc. is a specialty retailer of men’s, women’s and children’s brand name athletic and leisure footwear, activewear, and accessories. Brand names carried by the Company include Nike, Reebok, K-Swiss, and 1, Asics, adidas, Timberland, New Balance, Saucony, Skechers, and Converse.
In the last five trading sessions, the 50-day MA has fallen 1.29% while the 200-day MA has remained constant.
In the past 52 weeks, shares of finish Line have traded between a low of $13.69 and a high of $23.64 and are now at $20.24, which is 48% above that low price.
Write to Chip Brian at
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Copyright, Comtex News Network, inc. 2011
