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After Yesterday's Rally of 1.43% Shares Could Potentially Pullback

By James Quinn

Radius Health In (NASDAQ:RDUS) traded in a range yesterday that spanned from a low of $30.25 to a high of $31.32. Yesterday, the shares gained 1.4%, which took the trading range above the 3-day high of $30.73 on volume of 222,000 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 Radius Health In have traded between a low of $24.66 and a high of $59.88 and are now at $30.60, which is 24% above that low price. In the last five trading sessions, the 50-day moving average (MA) has climbed 0.5% while the 200-day MA has slid 1.7%.

SmarTrend is monitoring the recent change of momentum in Radius Health In. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of Radius Health In in search of a potential trend change.

Keywords: rebounders radius health in

Ticker(s): RDUS