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After Yesterday's Rally of 1.12% Shares Could Potentially Pullback

By David Diaz

Equifax Inc (NYSE:EFX) traded in a range yesterday that spanned from a low of $125.74 to a high of $127.14. Yesterday, the shares gained 1.1%, which took the trading range above the 3-day high of $126.35 on volume of 358,000 shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.

SmarTrend recommended that subscribers consider buying shares of Equifax Inc on October 4th, 2017 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $110.43. Since that recommendation, shares of Equifax Inc have risen 13.9%. We continue to monitor EFX for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Over the past year, Equifax Inc has traded in a range of $89.59 to $147.02 and is now at $126.96, 42% above that low. The 200-day and 50-day moving averages have moved 0.40% higher and 1.23% higher over the past week, respectively.

Keywords: rebounders equifax inc

Ticker(s): EFX