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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.

Agilent Tech Inc share prices have moved between a 52-week high of $61.15 and a 52-week low of $41.98 and are now trading 43% above that low price at $59.98 per share. The 200-day and 50-day moving averages have moved 0.06% higher and 0.72% higher over the past week, respectively.

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