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Hudson Pacific P Set to Possibly Pullback After Yesterday's Rally of 2.40%

By Amy Schwartz

Hudson Pacific P (NYSE:HPP) traded in a range yesterday that spanned from a low of $35.88 to a high of $36.42. Yesterday, the shares gained 2.4%, which took the trading range above the 3-day high of $36.07 on volume of 110,000 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 Hudson Pacific P and will alert subscribers who have HPP in their portfolio or watchlist when shares have changed trend direction.

In the past 52 weeks, Hudson Pacific P share prices have been bracketed by a low of $27.12 and a high of $36.42 and are now at $36.25, 34% above that low price. Over the past week, the 200-day moving average (MA) has remained constant while the 50-day MA has advanced 0.2%.

Keywords: rebounders hudson pacific p

Ticker(s): HPP