- MYL has an average dollar-volume (as measured by average daily share volume multiplied by share price) of $248.6 million.
- MYL has traded 5.4 million shares today.
- MYL is trading at 3.45 times the normal volume for the stock at this time of day.
- MYL crossed below its 200-day simple moving average.
'Roof Leaker' stocks are worth watching because trading stocks that begin to experience a breakdown can lead to potentially massive losses. Once psychological and technical resistance barriers like the 200-day moving average are breached on higher than normal relative volume, the stock may then be subject to emotional selling from investors that can continue to drive the stock lower. Regardless of the impetus behind the price and volume action, when a stock moves with weakness and volume it can indicate the start of a new, potentially dangerous, trend. EXCLUSIVE OFFER: Get the inside scoop on opportunities in MYL with the Ticky from Trade-Ideas. See the FREE profile for MYL NOW at Trade-Ideas More details on MYL: Mylan Inc., a pharmaceutical company, develops, licenses, manufactures, markets, and distributes generic, branded generic, and specialty pharmaceuticals worldwide. It operates in two segments, Generics and Specialty. MYL has a PE ratio of 29.9. Currently there are 12 analysts that rate Mylan a buy, no analysts rate it a sell, and 1 rates it a hold.