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Expeditors International of Washington Set to Possibly Pullback After Yesterday's Rally of 1.06%

By David Diaz

Expeditors International of Washington (NASDAQ:EXPD) traded in a range yesterday that spanned from a low of $55.96 to a high of $56.55. Yesterday, the shares gained 1.1%, which took the trading range above the 3-day high of $56.53 on volume of 212,000 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 Expeditors International of Washington and will alert subscribers who have EXPD in their portfolio or watchlist when shares have changed trend direction.

Expeditors International of Washington share prices have moved between a 52-week high of $57.35 and a 52-week low of $40.41 and are now trading 39% above that low price at $56.31 per share. Over the last five market days, the 200-day moving average (MA) has remained constant while the 50-day MA has advanced 0.4%.

Keywords: rebounders expeditors international of washington

Ticker(s): EXPD