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Trade Alert - Con-way High Volume

Published on Tuesday, 07 February 2012 11:38 Written by TradersHuddle Wire

cnw New York, February 7th (TradersHuddle.com) - Unusual high volume detected on shares of Con-way Inc. (NYSE:CNW), early in the trading session. Con-way is currently trading higher by 0.65%, so definitely the buyers stepping in, as the stock's volume is on pace to break its average.

Con-way Inc. (NYSE:CNW) is a freight transportation and logistics company. The Company provides global supply chain solutions for manufacturing, industrial, retail, and governmenthas. It has businesses in less-than-truckload and full truckload freight services, expedite, brokerage, airfreight forwarding, logistics, warehousing, supply chain management, and trailer manufacturing.

Con-way has already traded 0.751 times its 3-month average volume, and has calculated support and resistance at $29.65 and $33.31 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 0.13% from its previous trading close, which means that Con-way stock is outperforming the overall market.

Note - Automated Content Created By TradersHuddle's Technical Scanner

Con-way Stock To Go Ex-dividend Tomorrow (CNW) - TheStreet.com
UPDATE: BMO Capital Markets Raises Con-way's PT - Benzinga
Con-way Inc Stock Upgraded (CNW) - TheStreet.com
Con-way Rises On Unusually High Volume (CNW) - TheStreet.com
Con-way Stock To Go Ex-dividend Monday (CNW) - TheStreet.com
Deutsche Bank: Cost Inflation Likely to Accelerate in 2012 for Con-way - Benzinga
Deutsche Bank Lowers PT on Con-way to $30 - Benzinga
Con-way Stock Falls On Unusually High Volume (CNW) - TheStreet.com
Is Con-way Topped Out? - Benzinga
Notable Put Options Activity in Con-way - Benzinga

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