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After Yesterday's Rally of 1.32% Shares Could Potentially Pullback

By David Diaz

Amphenol Corp-A (NYSE:APH) traded in a range yesterday that spanned from a low of $88.65 to a high of $90.40. Yesterday, the shares gained 1.3%, which took the trading range above the 3-day high of $89.14 on volume of 428,000 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 Amphenol Corp-A. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of Amphenol Corp-A in search of a potential trend change.

In the past 52 weeks, shares of Amphenol Corp-A have traded between a low of $55.13 and a high of $93.62 and are now at $90.20, which is 64% above that low price. The 200-day and 50-day moving averages have moved 0.05% higher and 0.49% higher over the past week, respectively.

Keywords: rebounders amphenol corp-a

Ticker(s): APH