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Look for Shares of Bio-Rad Labs-A to Potentially Pullback after Yesterday's 3.53% Rise

By James Quinn

Bio-Rad Labs-A (NYSE:BIO) traded in a range yesterday that spanned from a low of $381.11 to a high of $396.84. Yesterday, the shares gained 3.5%, which took the trading range above the 3-day high of $381.36 on volume of 191,000 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 Bio-Rad Labs-A and will alert subscribers who have BIO in their portfolio or watchlist when shares have changed trend direction.

In the past 52 weeks, shares of Bio-Rad Labs-A have traded between a low of $250.05 and a high of $396.84 and are now at $385.52, which is 54% above that low price. The 200-day and 50-day moving averages have moved 0.48% higher and 0.06% higher over the past week, respectively.

Keywords: rebounders bio-rad labs-a

Ticker(s): BIO