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Look for Shares of Keysight Tec to Potentially Pullback after Yesterday's 4.40% Rise

By Shiri Gupta

Keysight Tec (NYSE:KEYS) traded in a range yesterday that spanned from a low of $91.50 to a high of $94.51. Yesterday, the shares gained 4.4%, which took the trading range above the 3-day high of $89.99 on volume of 1.7 million 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 subscribers consider buying shares of Keysight Tec on June 10th, 2019 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $82.90. Since that recommendation, shares of Keysight Tec have risen 8.3%. We continue to monitor KEYS for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Over the past year, Keysight Tec has traded in a range of $53.21 to $94.36 and is now at $94.30, 77% above that low. In the last five trading sessions, the 50-day moving average (MA) has fallen 0.4% while the 200-day MA has risen 0.7%.

Keywords: rebounders keysight tec

Ticker(s): KEYS