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After Yesterday's Rally of 5.63% Shares Could Potentially Pullback

By David Diaz

Under Armo-C (NYSE:UA) traded in a range yesterday that spanned from a low of $17.38 to a high of $18.37. Yesterday, the shares gained 5.6%, which took the trading range above the 3-day high of $18.26 on volume of 2.9 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 monitoring the recent change of momentum in Under Armo-C. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of Under Armo-C in search of a potential trend change.

In the past 52 weeks, Under Armo-C share prices have been bracketed by a low of $17.05 and a high of $42.94 and are now at $18.11, 6% above that low price. In the last five trading sessions, the 50-day moving average (MA) has fallen 4.5% while the 200-day MA has slid 1.1%.

Keywords: rebounders under armo-c

Ticker(s): UA