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After Yesterday's Rally of 5.74% Shares Could Potentially Pullback

By Shiri Gupta

Hb Fuller Co (NYSE:FUL) traded in a range yesterday that spanned from a low of $51.25 to a high of $55.21. Yesterday, the shares gained 5.7%, which took the trading range above the 3-day high of $50.68 on volume of 1.2 million shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.

Hb Fuller Co share prices have moved between a 52-week high of $55.21 and a 52-week low of $41.52 and are now trading 30% above that low price at $54.11 per share. In the last five trading sessions, the 50-day moving average (MA) has climbed 1.3% while the 200-day MA has risen 0.2%.

SmarTrend is tracking the current trend status for Hb Fuller Co and will alert subscribers who have FUL in their portfolio or watchlist when shares have changed trend direction.

Keywords: rebounders hb fuller co

Ticker(s): FUL