• Return to Headlines

Aetna Inc Set to Possibly Pullback After Yesterday's Rally of 3.80%

By Amy Schwartz

Aetna Inc (NYSE:AET) traded in a range yesterday that spanned from a low of $184.98 to a high of $188.52. Yesterday, the shares gained 3.8%, which took the trading range above the 3-day high of $182.41 on volume of 2.7 million shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.

In the past 52 weeks, Aetna Inc share prices have been bracketed by a low of $145.34 and a high of $194.40 and are now at $187.44, 29% above that low price. In the last five trading sessions, the 50-day moving average (MA) has climbed 0.4% while the 200-day MA has risen 0.2%.

SmarTrend is tracking the current trend status for Aetna Inc and will alert subscribers who have AET in their portfolio or watchlist when shares have changed trend direction.

Keywords: rebounders aetna inc

Ticker(s): AET