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Servicemaster Gl Set to Possibly Pullback After Yesterday's Rally of 1.05%

By Nick Russo

Servicemaster Gl (NYSE:SERV) traded in a range yesterday that spanned from a low of $36.82 to a high of $37.43. Yesterday, the shares gained 1.1%, which took the trading range above the 3-day high of $37.38 on volume of 244,000 shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.

Servicemaster Gl share prices have moved between a 52-week high of $58.78 and a 52-week low of $33.53 and are now trading 10% above that low price at $37.03 per share. The 200-day and 50-day moving averages have moved 0.54% lower and 0.68% lower over the past week, respectively.

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

Keywords: rebounders servicemaster gl

Ticker(s): SERV