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After Yesterday's Rally of 1.18% Shares Could Potentially Pullback

By David Diaz

Hyatt Hotels-A (NYSE:H) traded in a range yesterday that spanned from a low of $76.63 to a high of $77.36. Yesterday, the shares gained 1.2%, which took the trading range above the 3-day high of $76.94 on volume of 109,000 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 monitoring the recent change of momentum in Hyatt Hotels-A. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of Hyatt Hotels-A in search of a potential trend change.

Hyatt Hotels-A share prices have moved between a 52-week high of $84.89 and a 52-week low of $63.45 and are now trading 22% above that low price at $77.36 per share. Over the past week, the 200-day moving average (MA) has remained constant while the 50-day MA has advanced 0.2%.

Keywords: rebounders hyatt hotels-a

Ticker(s): H