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Axalta Coating S Rises 1.10% on Heavy Volume: Watch For Potential Pullback

By David Diaz

Axalta Coating S (NYSE:AXTA) traded in a range yesterday that spanned from a low of $29.42 to a high of $29.94. Yesterday, the shares gained 1.1%, which took the trading range above the 3-day high of $29.76 on volume of 733,000 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 Axalta Coating S and will alert subscribers who have AXTA in their portfolio or watchlist when shares have changed trend direction.

In the past 52 weeks, Axalta Coating S share prices have been bracketed by a low of $23.34 and a high of $32.20 and are now at $29.55, 27% above that low price. Over the past week, the 200-day moving average (MA) has remained constant while the 50-day MA has remained constant.

Keywords: rebounders axalta coating s

Ticker(s): AXTA