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After Yesterday's Rally of 1.29% Shares Could Potentially Pullback

By James Quinn

Universal Hlth-B (NYSE:UHS) traded in a range yesterday that spanned from a low of $140.57 to a high of $141.73. Yesterday, the shares gained 1.3%, which took the trading range above the 3-day high of $141.54 on volume of 74,000 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 Universal Hlth-B and will alert subscribers who have UHS in their portfolio or watchlist when shares have changed trend direction.

In the past 52 weeks, Universal Hlth-B share prices have been bracketed by a low of $112.79 and a high of $157.79 and are now at $141.08, 25% above that low price. Over the last five market days, the 200-day moving average (MA) has remained constant while the 50-day MA has declined 0.4%.

Keywords: rebounders universal hlth-b

Ticker(s): UHS