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

By Shiri Gupta

Total (NYSE:TOT) traded in a range yesterday that spanned from a low of $48.63 to a high of $49.42. Yesterday, the shares gained 1.2%, which took the trading range above the 3-day high of $48.68 on volume of 2.1 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, shares of Total have traded between a low of $39.05 and a high of $54.53 and are now at $49.17, which is 26% above that low price. Over the past week, the 200-day moving average (MA) has remained constant while the 50-day MA has advanced 0.8%.

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

Keywords: rebounders Total

Ticker(s): TOT