• Return to Headlines

After Yesterday's Rally of 1.84% Shares Could Potentially Pullback

By Amy Schwartz

National Beverage (NASDAQ:FIZZ) traded in a range yesterday that spanned from a low of $71.03 to a high of $73.42. Yesterday, the shares gained 1.8%, which took the trading range above the 3-day high of $71.68 on volume of 232,000 shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.

National Beverage share prices have moved between a 52-week high of $73.42 and a 52-week low of $19.98 and are now trading 267% above that low price at $73.30 per share. The 200-day and 50-day moving averages have moved 1.29% higher and 2.04% higher over the past week, respectively.

SmarTrend recommended that subscribers consider buying shares of National Beverage on January 25th, 2017 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $49.65. Since that recommendation, shares of National Beverage have risen 43.7%. We continue to monitor FIZZ for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: rebounders national beverage

Ticker(s): FIZZ