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Look for Shares of Tableau Softwa-A to Potentially Pullback after Yesterday's 1.16% Rise

By Nick Russo

Tableau Softwa-A (NYSE:DATA) traded in a range yesterday that spanned from a low of $115.40 to a high of $118.08. Yesterday, the shares gained 1.2%, which took the trading range above the 3-day high of $115.64 on volume of 345,000 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, Tableau Softwa-A share prices have been bracketed by a low of $68.37 and a high of $118.08 and are now at $116.64, 71% above that low price. The 200-day and 50-day moving averages have moved 0.75% higher and 0.90% higher over the past week, respectively.

SmarTrend recommended that subscribers consider buying shares of Tableau Softwa-A on August 27th, 2018 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $107.25. Since that recommendation, shares of Tableau Softwa-A have risen 7.3%. We continue to monitor DATA for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: rebounders tableau softwa-a

Ticker(s): DATA