• Return to Headlines

Look for Shares of Aon Plc to Potentially Pullback after Yesterday's 1.17% Rise

By Amy Schwartz

Aon Plc (NYSE:AON) traded in a range yesterday that spanned from a low of $138.48 to a high of $141.06. Yesterday, the shares gained 1.2%, which took the trading range above the 3-day high of $139.74 on volume of 594,000 shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.

Aon Plc share prices have moved between a 52-week high of $141.45 and a 52-week low of $100.55 and are now trading 40% above that low price at $140.70 per share. The 200-day and 50-day moving averages have moved 0.07% higher and 0.95% higher over the past week, respectively.

SmarTrend recommended that subscribers consider buying shares of Aon Plc on November 21st, 2016 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $112.93. Since that recommendation, shares of Aon Plc have risen 23.0%. We continue to monitor AON for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: rebounders aon plc

Ticker(s): AON