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After Yesterday's Rally of 1.44% Shares Could Potentially Pullback

By Nick Russo

Agilent Tech Inc (NYSE:A) traded in a range yesterday that spanned from a low of $59.19 to a high of $60.05. Yesterday, the shares gained 1.4%, which took the trading range above the 3-day high of $59.98 on volume of 701,000 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, Agilent Tech Inc share prices have been bracketed by a low of $41.98 and a high of $61.15 and are now at $59.98, 43% above that low price. Over the past week, the 200-day moving average (MA) has remained constant while the 50-day MA has advanced 0.7%.

SmarTrend recommended that subscribers consider buying shares of Agilent Tech Inc on December 9th, 2016 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $46.08. Since that recommendation, shares of Agilent Tech Inc have risen 28.3%. We continue to monitor A for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: rebounders agilent tech inc

Ticker(s): A