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Northern Trust Rises 1.82% on Heavy Volume: Watch For Potential Pullback

By Amy Schwartz

Northern Trust (NASDAQ:NTRS) traded in a range yesterday that spanned from a low of $106.21 to a high of $109.09. Yesterday, the shares gained 1.8%, which took the trading range above the 3-day high of $106.02 on volume of 879,000 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, Northern Trust share prices have been bracketed by a low of $61.32 and a high of $110.81 and are now at $106.87, 74% above that low price. Over the past week, the 200-day moving average (MA) has gone down 0.2% while the 50-day MA has advanced 1.3%.

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

Keywords: rebounders Northern Trust

Ticker(s): NTRS