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Look for Shares of Darling Ingredie to Potentially Pullback after Yesterday's 1.87% Rise

By Shiri Gupta

Darling Ingredie (NYSE:DAR) traded in a range yesterday that spanned from a low of $19.66 to a high of $20.17. Yesterday, the shares gained 1.9%, which took the trading range above the 3-day high of $19.80 on volume of 653,000 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 Darling Ingredie and will alert subscribers who have DAR in their portfolio or watchlist when shares have changed trend direction.

Over the past year, Darling Ingredie has traded in a range of $17.99 to $22.62 and is now at $20.10, 12% above that low. The 200-day and 50-day moving averages have moved 0.17% lower and 0.55% lower over the past week, respectively.

Keywords: rebounders darling ingredie

Ticker(s): DAR