Stocks hitting new 52 week highs on July 19 are Harley-Davidson, Inc, 3D Systems Corporation, Valhi, Inc, Wynn Resorts Ltd, and Melco Crown Entertainment Ltd. Investors are buying the stock and pushing it higher because they may think that these stocks were undervalued. This could be a result of higher than expected earnings, overall market growth, or simply investor speculation.
Shares of Harley-Davidson, Inc (HOG) had a total return adjusted 52 week high today of $44.04 per share and are currently trading at $45.59. The stock traded higher by 10.09% or $4.18/share to $45.59. The stock recorded a trading volume of 5317532 today. This represents 5.34 times the average volume for Harley-Davidson, Inc. Higher than average volume can sometimes signal a technical breakout or perhaps that new information was released about the company. Volume is often used as a lie detector and high volume gives validity to the price move. Stay tuned for more updates on the company and investors may want to look for this momentum to continue.
Shares of 3D Systems Corporation (DDD) had a total return adjusted 52 week high today of $23.97 per share and are currently trading at $24.87. The stock traded higher by 5.97% or $1.40/share to $24.87. The stock recorded a trading volume of 260043 today. This represents 1.48 times the average volume for 3D Systems Corporation. Higher than average volume can sometimes signal a technical breakout or perhaps that new information was released about the company. Volume is often used as a lie detector and high volume gives validity to the price move. Stay tuned for more updates on the company and investors may want to look for this momentum to continue.
Shares of Valhi, Inc (VHI) had a total return adjusted 52 week high today of $60.46 per share and are currently trading at $61.00. The stock traded higher by 2.23% or $1.33/share to $61.00. The stock recorded a trading volume of 18213 today. This represents 1.3 times the average volume for Valhi, Inc. This is considered normal volume for the stock which means the new high is most likely caused by a steady uptrend. Expect the stock to continue its upward trend. A pullback could be a great opportunity to get onboard.
Shares of Wynn Resorts Ltd (WYNN) had a total return adjusted 52 week high today of $165.31 per share and are currently trading at $162.43. The stock fell by 1.49% or $-2.46/share to $162.43. The stock recorded a trading volume of 3359669 today. This represents 4.56 times the average volume for Wynn Resorts Ltd. Higher than average volume can sometimes signal a technical breakout or perhaps that new information was released about the company. Volume is often used as a lie detector and high volume gives validity to the price move. Stay tuned for more updates on the company and investors may want to look for this momentum to continue.
Shares of Melco Crown Entertainment Ltd (MPEL) had a total return adjusted 52 week high today of $14.50 per share and are currently trading at $14.88. The stock traded higher by 3.41% or $0.49/share to $14.88. The stock recorded a trading volume of 4937513 today. This represents 1.39 times the average volume for Melco Crown Entertainment Ltd. This is considered normal volume for the stock which means the new high is most likely caused by a steady uptrend. Expect the stock to continue its upward trend. A pullback could be a great opportunity to get onboard.
