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Natl Beverage Rises 1.49% on Heavy Volume: Watch For Potential Pullback

By Shiri Gupta

Natl Beverage (NASDAQ:FIZZ) traded in a range yesterday that spanned from a low of $46.99 to a high of $48.12. Yesterday, the shares gained 1.5%, which took the trading range above the 3-day high of $46.89 on volume of 359,000 shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.

Natl Beverage share prices have moved between a 52-week high of $124.94 and a 52-week low of $38.28 and are now trading 24% above that low price at $47.36 per share. Over the last five market days, the 200-day moving average (MA) has gone down 1.6% while the 50-day MA has declined 0.5%.

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

Keywords: rebounders natl beverage

Ticker(s): FIZZ