Monster Beverage (MNST) Volatility Up as Shares Break Below Key Technical

June 28, 2012 1:29 PM EDT Send to a Friend
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Monster Beverage (Nasdaq: MNST) shares are showing some weakness as the stock met and fell below its 50-day SMA today.

Market data has the 50-day at $70.68, just about where the energy beverage giant gapped below at the start.

Volume on the session is heavy at 3.2 million shares.

The next level investors might be eying is its 100-day SMA, which is at $64.82 currently, about 3.7 percent below today's level.

Volatility is up 12 percent today and up 171 percent over its annual daily average.


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