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National Storage Rises 3.13% on Heavy Volume: Watch For Potential Pullback

By David Diaz

National Storage (NYSE:NSA) traded in a range yesterday that spanned from a low of $33.77 to a high of $34.25. Yesterday, the shares gained 3.1%, which took the trading range above the 3-day high of $33.82 on volume of 86,000 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, shares of National Storage have traded between a low of $25.11 and a high of $35.76 and are now at $34.08, which is 36% above that low price. In the last five trading sessions, the 50-day moving average (MA) has remained constant while the 200-day MA has risen 0.2%.

SmarTrend is tracking the current trend status for National Storage and will alert subscribers who have NSA in their portfolio or watchlist when shares have changed trend direction.

Keywords: rebounders national storage

Ticker(s): NSA