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Look for Shares of Universal Hlth-B to Potentially Pullback after Yesterday's 1.29% Rise

By Nick Russo

Universal Hlth-B (NYSE:UHS) traded in a range yesterday that spanned from a low of $118.20 to a high of $120.03. Yesterday, the shares gained 1.3%, which took the trading range above the 3-day high of $119.27 on volume of 519,000 shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.

SmarTrend is tracking the current trend status for Universal Hlth-B and will alert subscribers who have UHS in their portfolio or watchlist when shares have changed trend direction.

In the past 52 weeks, shares of Universal Hlth-B have traded between a low of $95.26 and a high of $138.77 and are now at $119.88, which is 26% above that low price. Over the past week, the 200-day moving average (MA) has remained constant while the 50-day MA has advanced 1.6%.

Keywords: rebounders universal hlth-b

Ticker(s): UHS