• Return to Headlines

After Yesterday's Rally of 1.48% Shares Could Potentially Pullback

By Shiri Gupta

Kansas City Southern (NYSE:KSU) traded in a range yesterday that spanned from a low of $102.24 to a high of $103.88. Yesterday, the shares gained 1.5%, which took the trading range above the 3-day high of $102.22 on volume of 594,000 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 Kansas City Southern have traded between a low of $62.20 and a high of $104.74 and are now at $103.79, which is 67% above that low price. The 200-day and 50-day moving averages have moved 0.07% lower and 1.05% higher over the past week, respectively.

SmarTrend recommended that subscribers consider buying shares of Kansas City Southern on April 10th, 2017 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $88.51. Since that recommendation, shares of Kansas City Southern have risen 15.1%. We continue to monitor KSU for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: rebounders kansas city southern

Ticker(s): KSU