• Return to Headlines

After Yesterday's Rally of 1.11% Shares Could Potentially Pullback

By Shiri Gupta

Store Capital (NYSE:STOR) traded in a range yesterday that spanned from a low of $23.10 to a high of $23.39. Yesterday, the shares gained 1.1%, which took the trading range above the 3-day high of $23.36 on volume of 682,000 shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.

Store Capital share prices have moved between a 52-week high of $31.44 and a 52-week low of $19.65 and are now trading 18% above that low price at $23.23 per share. Over the last five market days, the 200-day moving average (MA) has gone up 0.5% while the 50-day MA has advanced 0.4%.

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

Keywords: rebounders store capital

Ticker(s): STOR