After Yesterday's Rally of 2.29% Shares Could Potentially Pullback
Host Hotels & Resorts (NYSE:HST) traded in a range yesterday that spanned from a low of $15.42 to a high of $15.97. Yesterday, the shares gained 2.3%, which took the trading range above the 3-day high of $15.81 on volume of 6.0 million shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.
SmarTrend is tracking the current trend status for Host Hotels & Resorts and will alert subscribers who have HST in their portfolio or watchlist when shares have changed trend direction.
In the past 52 weeks, Host Hotels & Resorts share prices have been bracketed by a low of $12.17 and a high of $21.40 and are now at $15.81, 30% above that low price. The 200-day and 50-day moving averages have moved 0.47% lower and 0.47% higher over the past week, respectively.
Keywords: rebounders Host Hotels & Resorts