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Look for Shares of Tupperware Brands to Potentially Pullback after Yesterday's 1.04% Rise

By Amy Schwartz

Tupperware Brands (NYSE:TUP) traded in a range yesterday that spanned from a low of $60.70 to a high of $61.67. Yesterday, the shares gained 1.0%, which took the trading range above the 3-day high of $61.46 on volume of 244,000 shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.

SmarTrend recommended that subscribers consider buying shares of Tupperware Brands on January 24th, 2017 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $57.61. Since that recommendation, shares of Tupperware Brands have risen 5.8%. We continue to monitor TUP for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Over the past year, Tupperware Brands has traded in a range of $42.60 to $67.74 and is now at $61.53, 44% above that low. In the last five trading sessions, the 50-day moving average (MA) has climbed 0.9% while the 200-day MA has slid 0.3%.

Keywords: rebounders tupperware brands

Ticker(s): TUP