• Return to Headlines

Look for Shares of Expeditors International of Washington to Potentially Pullback after Yesterday's 1.06% Rise

By James Quinn

Expeditors International of Washington (NASDAQ:EXPD) traded in a range yesterday that spanned from a low of $55.96 to a high of $56.55. Yesterday, the shares gained 1.1%, which took the trading range above the 3-day high of $56.53 on volume of 212,000 shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.

In the past 52 weeks, Expeditors International of Washington share prices have been bracketed by a low of $40.41 and a high of $57.35 and are now at $56.31, 39% above that low price. In the last five trading sessions, the 50-day moving average (MA) has climbed 0.4% while the 200-day MA has remained constant.

SmarTrend is tracking the current trend status for Expeditors International of Washington and will alert subscribers who have EXPD in their portfolio or watchlist when shares have changed trend direction.

Keywords: rebounders expeditors international of washington

Ticker(s): EXPD