• Return to Headlines

Dillards Inc-A Set to Possibly Pullback After Yesterday's Rally of 2.22%

By Nick Russo

Dillards Inc-A (NYSE:DDS) traded in a range yesterday that spanned from a low of $58.93 to a high of $61.49. Yesterday, the shares gained 2.2%, which took the trading range above the 3-day high of $60.57 on volume of 398,000 shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.

In the past 52 weeks, Dillards Inc-A share prices have been bracketed by a low of $45.51 and a high of $77.70 and are now at $61.00, 34% above that low price. In the last five trading sessions, the 50-day moving average (MA) has fallen 0.6% while the 200-day MA has slid 0.8%.

SmarTrend recommended that subscribers consider buying shares of Dillards Inc-A on May 30th, 2017 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $51.68. Since that recommendation, shares of Dillards Inc-A have risen 14.6%. We continue to monitor DDS for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: rebounders dillards inc-a

Ticker(s): DDS