Sep 08, 2011 (SmarTrend(R) News Watch via COMTEX) -- Shares of Yongye International (YONG.NSDQ) are trading up 4.8% to $5.93 today on above average volume. Approximately 498,000 shares have traded hands today vs. average 30-day volume of 446,000 shares.

Spikes in volume can validate a breakout or signify a potential turning point. As such, SmarTrend will continue to monitor shares of YONG to see if this bullish momentum will continue.

SmarTrend currently has shares of Yongye International in an Uptrend and issued the Uptrend alert on May 31, 2011 at $5.59. The stock has risen 1.3% since the Uptrend alert was issued.

In the last five trading sessions, the 50-day MA has climbed 0.27% while the 200-day MA has slid 0.45%.

In the past 52 weeks, shares of Yongye International have traded between a low of $3.01 and a high of $9.49 and are now at $5.87, which is 95% above that low price.