• Return to Headlines

Six Flags Entert Set to Possibly Pullback After Yesterday's Rally of 1.56%

By David Diaz

Six Flags Entert (NYSE:SIX) traded in a range yesterday that spanned from a low of $63.49 to a high of $64.48. Yesterday, the shares gained 1.6%, which took the trading range above the 3-day high of $63.73 on volume of 530,000 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 Six Flags Entert have traded between a low of $47.61 and a high of $70.44 and are now at $64.28, which is 35% above that low price. Over the past week, the 200-day moving average (MA) has gone up 0.5% while the 50-day MA has advanced 1.0%.

SmarTrend is tracking the current trend status for Six Flags Entert and will alert subscribers who have SIX in their portfolio or watchlist when shares have changed trend direction.

Keywords: rebounders six flags entert

Ticker(s): SIX