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Look for Shares of Aflac Inc to Potentially Pullback after Yesterday's 1.26% Rise

By Amy Schwartz

Aflac Inc (NYSE:AFL) traded in a range yesterday that spanned from a low of $51.44 to a high of $52.19. Yesterday, the shares gained 1.3%, which took the trading range above the 3-day high of $52.18 on volume of 684,000 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 Aflac Inc and will alert subscribers who have AFL in their portfolio or watchlist when shares have changed trend direction.

In the past 52 weeks, shares of Aflac Inc have traded between a low of $41.45 and a high of $57.18 and are now at $52.15, which is 26% above that low price. Over the past week, the 200-day moving average (MA) has gone up 0.2% while the 50-day MA has declined 0.2%.

Keywords: rebounders aflac inc

Ticker(s): AFL