XOMA Corporation (XOMA)

[joergstgt]

hares of XOMA are Moving Higher on 1.9x Above-Average Volume (XOMA)
Written on Wed, 12/29/2010 - 11:06am
By Sarah Hashim-Waris

Shares of XOMA (NASDAQ:XOMA) are trading up 2.7% to $4.88 today on above average volume. Approximately 5 million shares have traded hands today vs. average 30-day volume of 2.6 million shares.
Spikes in volume can validate a breakout or signify a potential turning point. As such, SmarTrend will continue to monitor shares of XOMA to see if this bullish momentum will continue.
SmarTrend is monitoring the recent change of momentum in XOMA. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of XOMA in search of a potential trend change.
In the last five trading sessions, the 50-day MA has climbed 7.48% while the 200-day MA has slid 1.03%.
In the past 52 weeks, shares of XOMA have traded between a low of $2.24 and a high of $12.60 and are now at $5.05, which is 125% above that low price.

http://www.mysmartrend.com/news-briefs/news-watch/shares-xoma-are-moving-higher-19x-above-average-volume-xoma