• Return to Headlines

Polaris Inds Set to Possibly Pullback After Yesterday's Rally of 1.93%

By Amy Schwartz

Polaris Inds (NYSE:PII) traded in a range yesterday that spanned from a low of $87.55 to a high of $89.99. Yesterday, the shares gained 1.9%, which took the trading range above the 3-day high of $89.89 on volume of 161,000 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 Polaris Inds have traded between a low of $70.14 and a high of $99.16 and are now at $89.76, which is 28% above that low price. The 200-day and 50-day moving averages have moved 1.07% lower and 0.75% higher over the past week, respectively.

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

Keywords: rebounders polaris inds

Ticker(s): PII