• Return to Headlines

Nuance Communica Rises 1.49% on Heavy Volume: Watch For Potential Pullback

By Nick Russo

Nuance Communica (NASDAQ:NUAN) traded in a range yesterday that spanned from a low of $22.65 to a high of $23.20. Yesterday, the shares gained 1.5%, which took the trading range above the 3-day high of $22.90 on volume of 1.5 million 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 Nuance Communica and will alert subscribers who have NUAN in their portfolio or watchlist when shares have changed trend direction.

Over the past year, Nuance Communica has traded in a range of $14.02 to $22.90 and is now at $22.84, 63% above that low. Over the past week, the 200-day moving average (MA) has gone up 0.7% while the 50-day MA has advanced 2.1%.

Keywords: rebounders nuance communica

Ticker(s): NUAN