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After Yesterday's Rally of 6.46% Shares Could Potentially Pullback

By Amy Schwartz

Agilent Tech Inc (NYSE:A) traded in a range yesterday that spanned from a low of $69.83 to a high of $71.73. Yesterday, the shares gained 6.5%, which took the trading range above the 3-day high of $68.78 on volume of 3.8 million shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.

Agilent Tech Inc share prices have moved between a 52-week high of $82.27 and a 52-week low of $61.01 and are now trading 15% above that low price at $70.07 per share. The 200-day and 50-day moving averages have moved 0.09% higher and 0.06% lower over the past week, respectively.

SmarTrend recommended that its subscribers protect gains by selling shares of Agilent Tech Inc on July 15th, 2019 by issuing a Downtrend alert when the shares were trading at $70.25. Since that call, shares of Agilent Tech Inc have fallen 6.6%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Keywords: rebounders agilent tech inc

Ticker(s): A