• Return to Headlines

After Yesterday's Rally of 1.17% Shares Could Potentially Pullback

By Amy Schwartz

Hyatt Hotels-A (NYSE:H) traded in a range yesterday that spanned from a low of $71.91 to a high of $73.15. Yesterday, the shares gained 1.2%, which took the trading range above the 3-day high of $72.28 on volume of 284,000 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 Hyatt Hotels-A on August 3rd, 2017 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $58.38. Since that recommendation, shares of Hyatt Hotels-A have risen 22.6%. We continue to monitor H for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

In the past 52 weeks, Hyatt Hotels-A share prices have been bracketed by a low of $45.12 and a high of $73.33 and are now at $72.53, 61% above that low price. Over the last five market days, the 200-day moving average (MA) has gone down 0.4% while the 50-day MA has advanced 0.5%.

Keywords: rebounders hyatt hotels-a

Ticker(s): H