• Return to Headlines

Interpublic Grp Set to Possibly Pullback After Yesterday's Rally of 1.91%

By Nick Russo

Interpublic Grp (NYSE:IPG) traded in a range yesterday that spanned from a low of $22.31 to a high of $22.60. Yesterday, the shares gained 1.9%, which took the trading range above the 3-day high of $22.07 on volume of 3.0 million shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.

Interpublic Grp share prices have moved between a 52-week high of $25.77 and a 52-week low of $19.61 and are now trading 14% above that low price at $22.36 per share. In the last five trading sessions, the 50-day moving average (MA) has fallen 0.2% while the 200-day MA has remained constant.

SmarTrend is tracking the current trend status for Interpublic Grp and will alert subscribers who have IPG in their portfolio or watchlist when shares have changed trend direction.

Keywords: rebounders interpublic grp

Ticker(s): IPG