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Trade Alert - Gardner Denver High Volume

gdi New York, January 23rd (TradersHuddle.com) - Unusual high volume detected on shares of Gardner Denver Inc. (NYSE:GDI), early in the trading session. Gardner Denver is currently trading higher by 2.84%, so definitely the buyers stepping in, as the stock's volume is already above average.

Gardner Denver Inc. (NYSE:GDI) manufactures stationary air compressors and blowers for industrial applications. The its products are used in manufacturing, process applications, and materials handling, as well as in power tools and equipment.

Gardner Denver has already traded 1.372 times its 3-month average volume, and has calculated support and resistance at $74.24 and $84.35 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 0.08% from its previous trading close, which means that Gardner Denver stock is outperforming the overall market.



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Stock Market

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o Dow Jones 12,496.15 ▼6.66 (-0.05%)
o S&P 500 1,318.86 ▲2.23 (0.17%)
o NASDAQ 2,850.12 ▲11.04 (0.39%)
INDEXDJX:.DJI

Dow Jones

Company ID [INDEXDJX:.DJI] Last trade:12,496.15 Trade time:4:05PM EDT Value change:▼6.66 (-0.05%)
INDEXSP:.INX

S&P 500

Company ID [INDEXSP:.INX] Last trade:1,318.86 Trade time:4:33PM EDT Value change:▲2.23 (0.17%)
INDEXNASDAQ:.IXIC

NASDAQ

Company ID [INDEXNASDAQ:.IXIC] Last trade:2,850.12 Trade time:5:16PM EDT Value change:▲11.04 (0.39%)
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