• Return to Headlines

After Yesterday's Rally of 1.13% Shares Could Potentially Pullback

By James Quinn

Baxter Intl Inc (NYSE:BAX) traded in a range yesterday that spanned from a low of $61.21 to a high of $62.03. Yesterday, the shares gained 1.1%, which took the trading range above the 3-day high of $61.44 on volume of 752,000 shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.

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

In the past 52 weeks, shares of Baxter Intl Inc have traded between a low of $42.22 and a high of $62.00 and are now at $61.97, which is 47% above that low price. In the last five trading sessions, the 50-day moving average (MA) has climbed 1.3% while the 200-day MA has risen 0.4%.

Keywords: rebounders baxter intl inc

Ticker(s): BAX