• Return to Headlines

Look for Shares of Crown Holdings I to Potentially Pullback after Yesterday's 2.01% Rise

By James Quinn

Crown Holdings I (NYSE:CCK) traded in a range yesterday that spanned from a low of $44.75 to a high of $46.20. Yesterday, the shares gained 2.0%, which took the trading range above the 3-day high of $45.10 on volume of 967,000 shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.

SmarTrend recommended that its subscribers protect gains by selling shares of Crown Holdings I on April 24th, 2018 by issuing a Downtrend alert when the shares were trading at $49.19. Since that call, shares of Crown Holdings I have fallen 8.9%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Crown Holdings I share prices have moved between a 52-week high of $62.27 and a 52-week low of $40.09 and are now trading 14% above that low price at $45.71 per share. Over the past week, the 200-day moving average (MA) has gone down 0.6% while the 50-day MA has remained constant.

Keywords: rebounders crown holdings i

Ticker(s): CCK