Traders Alert on Unusual Volume AMCI Acquisition Corp. (AMCI)

On 21 March 2019, Shares of AMCI Acquisition Corp. (AMCI) were valued at $9.82 and moved 0.10%. A total volume of 0.61 million shares were traded unusually versus to average volume of 0.21 million shares. Unusual volume shows something has likely happened in the stock–such as a news release or traders have become worried or euphoric about the stock’s potential. A volume “spike” where volume is way more than normal–5 to 10 times (or more) average volume (for that time or period) for example–could indicate the end of a trend. ue is no one left to keep pushing the price in the trending direction and it reverses (often quickly).

52 week High and Low

AMCI Acquisition Corp. (AMCI) shares have been seen trading -1.80% off its 52 week- peak value and changed 2.19% from its 52 week-bottom price value. The “percentage off the 52-week high or low” refers to when a stock current price is relative to where it has traded over the last 52 weeks. This gives investors an idea of how much the security has moved in the last year and whether it is trading near the top, middle or bottom of the range.

Performance

AMCI Acquisition Corp. (AMCI) held 5.00 million outstanding shares currently. AMCI reported a change of 0.41% over the last week and its year to date (YTD) performance revealed an activity trend of 1.34%.

Volatility

Average True Range (14) for AMCI Acquisition Corp. (AMCI) is stands at 0.06. ATR is a volatility indicator. Volatility measures the strength of the price action, and is often overlooked for clues on market direction..

Over the past week, the company showed volatility of 0.37%. A stock with a price that fluctuates wildly, hits new highs and lows or moves erratically is considered highly volatile.

Mack Mortenson

Mack covers Financial Sector of Wallstreetmorning.com. Before pursuing a financial and journalism career, he graduated from University of Georgia with a degree in Economic and Mathematics.

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