• Return to Headlines

Louisiana-Pacifi Rises 1.95% on Heavy Volume: Watch For Potential Pullback

By Nick Russo

Louisiana-Pacifi (NYSE:LPX) traded in a range yesterday that spanned from a low of $33.41 to a high of $34.35. Yesterday, the shares gained 2.0%, which took the trading range above the 3-day high of $34.27 on volume of 573,000 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 Louisiana-Pacifi and will alert subscribers who have LPX in their portfolio or watchlist when shares have changed trend direction.

Louisiana-Pacifi share prices have moved between a 52-week high of $34.35 and a 52-week low of $21.82 and are now trading 54% above that low price at $33.60 per share. Over the last five market days, the 200-day moving average (MA) has gone up 0.3% while the 50-day MA has advanced 0.6%.

Keywords: rebounders louisiana-pacifi

Ticker(s): LPX