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SmarTrend Watching for Potential Pullback in Shares of Brink'S Co/The After 8.20% Gain

By Shiri Gupta

Brink'S Co/The (:BCO) traded in a range yesterday that spanned from a low of $89.88 to a high of $90.82. Yesterday, the shares gained 8.2%, which took the trading range above the 3-day high of $90.66 on volume of 64,000 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 Brink'S Co/The and will alert subscribers who have BCO in their portfolio or watchlist when shares have changed trend direction.

Over the past year, Brink'S Co/The has traded in a range of $59.08 to $93.81 and is now at $90.41, 53% above that low. In the last five trading sessions, the 50-day moving average (MA) has climbed 1.3% while the 200-day MA has risen 0.5%.

Keywords: rebounders :bco brink's co/the

Ticker(s): BCO