Plum Creek Timber Higher With High Volume

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Plum Creek Timber Higher With High Volume

Published on Friday, 01 July 2011 11:38 Written by Christopher Lynn

pcl New York, July 1st (TradersHuddle.com) - Unusual high volume detected on shares of Plum Creek Timber Company, Inc. (NYSE:PCL), early in the trading session. Plum Creek Timber is currently trading higher by 0.95%, so definitely the buyers stepping in, as the stock's volume is on pace to break its average.

Plum Creek Timber Company, Inc. (NYSE:PCL) grows, harvests, and markets timber and logs, and manufactures forest products such as lumber and plywood. The Company owns timberlands located in the United States. Plum Creek also owns natural resource businesses that focus on mineral extraction and natural gas production

Plum Creek Timber has already traded 0.793 times its 3-month average volume, and has calculated support and resistance at $38.13 and $44.08 respectively. Traders like to use volume as their lie detector for price action moves through predefined trading ranges.

The overall market index S&P 500 is trading higher by 0.84% from its previous trading close, which means that Plum Creek Timber stock is outperforming the overall market.

Plum Creek Timber Stock To Go Ex-dividend Tomorrow (PCL) - TheStreet.com
Plum Creek Timber Co Inc (PCL): Today's Featured Real Estate Loser - TheStreet.com
UPDATE: DA Davidson Downgrades Plum Creek Timber to Neutral - Benzinga
Plum Creek Timber Stock To Go Ex-dividend Tomorrow (PCL) - TheStreet.com
Lawrence A. Selzer to Join Plum Creek Board of Directors - Benzinga
UPDATE: Citigroup Raises Target on Plum Creek Timber to $45 - Benzinga
UBS Downgrades Plum Creek Timber to Sell - Benzinga
Plum Creek Timber Co Stock To Go Ex-dividend Tomorrow (PCL) - TheStreet.com
Plum Creek Timber Co Inc (PCL): Today's Featured Financial Winner - TheStreet.com

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