• Return to Headlines

Look for Shares of World Wrestlin-A to Potentially Pullback after Yesterday's 1.25% Rise

By James Quinn

World Wrestlin-A (NYSE:WWE) traded in a range yesterday that spanned from a low of $60.12 to a high of $61.34. Yesterday, the shares gained 1.3%, which took the trading range above the 3-day high of $60.99 on volume of 107,000 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 World Wrestlin-A and will alert subscribers who have WWE in their portfolio or watchlist when shares have changed trend direction.

World Wrestlin-A share prices have moved between a 52-week high of $100.45 and a 52-week low of $52.69 and are now trading 16% above that low price at $61.27 per share. Over the past week, the 200-day moving average (MA) has gone down 0.4% while the 50-day MA has declined 1%.

Keywords: rebounders world wrestlin-a

Ticker(s): WWE