• Return to Headlines

Intra-Cellular T Rises 5.25% on Heavy Volume: Watch For Potential Pullback

By Amy Schwartz

Intra-Cellular T (NASDAQ:ITCI) traded in a range yesterday that spanned from a low of $10.80 to a high of $13.80. Yesterday, the shares gained 5.2%, which took the trading range above the 3-day high of $11.84 on volume of 457,000 shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.

Over the past year, Intra-Cellular T has traded in a range of $10.21 to $25.82 and is now at $12.32, 21% above that low. Over the past week, the 200-day moving average (MA) has gone down 0.9% while the 50-day MA has declined 0.5%.

SmarTrend is monitoring the recent change of momentum in Intra-Cellular T. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of Intra-Cellular T in search of a potential trend change.

Keywords: rebounders intra-cellular t

Ticker(s): ITCI