YRC Worldwide Above Average Volume

yrcw New York, March 29th (TradersHuddle.com) - Unusual high volume detected on shares of YRC Worldwide Inc. (NASDAQ:YRCW) early in the trading session. The pace in volume of YRC Worldwide is already above average, with buyers stepping in, as the stock is 6.09% higher.

YRC Worldwide Inc. (NASDAQ:YRCW) is one of the largest transportation service providers in the world. The company has a portfolio of successful brands, including YRC, YRC Reimer, YRC Glen Moore, New Penn, Holland and Reddaway. YRC Worldwide has the largest, most comprehensive network in North America with local, regional, national and international capabilities. In addition to freight and transportation services, the company offers expertise in heavyweight shipments and flexible supply chain solutions.

YRC Worldwide has already traded 1.638 times its 3-month average volume and has calculated support and resistance at $6.48 and $9.87 respectively. Traders like to use volume as their lie detector for price action movement through predefined trading ranges.

The overall market index S&P 500 is trading lower by -0.77% from its previous trading close, which means that YRC Worldwide stock is outperforming the overall market.

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