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Look for Shares of Aecom to Potentially Pullback after Yesterday's 10.34% Rise

By Nick Russo

Aecom (NYSE:ACM) traded in a range yesterday that spanned from a low of $42.50 to a high of $44.36. Yesterday, the shares gained 10.3%, which took the trading range above the 3-day high of $43.16 on volume of 137,000 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 Aecom and will alert subscribers who have ACM in their portfolio or watchlist when shares have changed trend direction.

Aecom share prices have moved between a 52-week high of $44.36 and a 52-week low of $24.83 and are now trading 76% above that low price at $43.58 per share. The 200-day and 50-day moving averages have moved 0.56% higher and 1.44% higher over the past week, respectively.

Keywords: rebounders aecom

Ticker(s): ACM