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Healthcare Tru-A Set to Possibly Pullback After Yesterday's Rally of 2.86%

By Shiri Gupta

Healthcare Tru-A (NYSE:HTA) traded in a range yesterday that spanned from a low of $32.84 to a high of $33.73. Yesterday, the shares gained 2.9%, which took the trading range above the 3-day high of $33.01 on volume of 443,000 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 Healthcare Tru-A and will alert subscribers who have HTA in their portfolio or watchlist when shares have changed trend direction.

In the past 52 weeks, Healthcare Tru-A share prices have been bracketed by a low of $26.41 and a high of $33.56 and are now at $33.40, 26% above that low price. In the last five trading sessions, the 50-day moving average (MA) has climbed 0.6% while the 200-day MA has risen 0.4%.

Keywords: rebounders healthcare tru-a

Ticker(s): HTA