• Return to Headlines

Look for Shares of Mueller Water-A to Potentially Pullback after Yesterday's 2.27% Rise

By Shiri Gupta

Mueller Water-A (NYSE:MWA) traded in a range yesterday that spanned from a low of $11.35 to a high of $11.53. Yesterday, the shares gained 2.3%, which took the trading range above the 3-day high of $11.35 on volume of 155,000 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, shares of Mueller Water-A have traded between a low of $8.47 and a high of $12.26 and are now at $11.49, which is 36% above that low price. The 200-day and 50-day moving averages have moved 0.11% higher and 0.12% higher over the past week, respectively.

SmarTrend is tracking the current trend status for Mueller Water-A and will alert subscribers who have MWA in their portfolio or watchlist when shares have changed trend direction.

Keywords: rebounders mueller water-a

Ticker(s): MWA