Staples Above Average Volume

spls New York, December 11th ( - Unusual high volume detected on shares of Staples, Inc. (NASDAQ:SPLS) early in the trading session. The pace in volume of Staples is already above average, with sellers in control, as the stock is 0.61% lower.

Staples, Inc. (NASDAQ:SPLS) is an office supplies, furniture, and technology retailer. The Massachusetts based company serves its customers through office superstores, mail order catalogs, the Internet, and a contract business.

Staples has already traded 1.102 times its 3-month average volume and has calculated support and resistance at $11.15 and $11.97 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 higher by 1.02% from its previous trading close, which means that Staples stock is underperforming the overall market.

Stock Market

o Dow Jones 17,829.06 ▲16.87 (0.09%)
o S&P 500 2,089.48 ▲0.34 (0.02%)
o NASDAQ 5,111.11 ▲8.30 (0.16%)

Dow Jones

Company ID [INDEXDJX:.DJI] Last trade:17,829.06 Trade time:11:16AM EST Value change:▲16.87 (0.09%)

S&P 500

Company ID [INDEXSP:.INX] Last trade:2,089.48 Trade time:11:16AM EST Value change:▲0.34 (0.02%)


Company ID [INDEXNASDAQ:.IXIC] Last trade:5,111.11 Trade time:11:16AM EST Value change:▲8.30 (0.16%)
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