Ocado Group shares rose 9.2% today and finished at the high of the session, ending above the top of their 60-session trading range on almost twice their usual volume.
Ocado Group (LON: OCDO), the online grocery and warehouse-robotics group, closed at 286.6p today, above the top of its 60-session trading range. The shares finished at the high of the session, having traded as low as 260.8p.
The stock rose 9.2% on the session, on 1.93 times its 20-session average volume. The close sits 0.7% below the 52-week high and 80% above the 52-week low, and the stock is up 21.4% so far this year.
Ocado Group’s daily close from the 5th of September to today.
Today’s rise is the sixth-largest daily move in the past 126 sessions, about six months.
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Ocado Group’s move today against six months of daily changes.
The shares also closed above the 271.54p high of their 60-session range.
The AskTraders Analyst Team features experts in technical and fundamental analysis, as well as traders specializing in stocks, forex, and cryptocurrency.
