• Return to Headlines

SmarTrend Watching for Potential Pullback in Shares of Ca Inc After 17.88% Gain

By James Quinn

Ca Inc (NASDAQ:CA) traded in a range yesterday that spanned from a low of $43.85 to a high of $44.00. Yesterday, the shares gained 17.9%, which took the trading range above the 3-day high of $37.25 on volume of 53.7 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 monitoring the recent change of momentum in Ca Inc. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of Ca Inc in search of a potential trend change.

Ca Inc share prices have moved between a 52-week high of $44.00 and a 52-week low of $30.45 and are now trading 44% above that low price at $43.90 per share. The 200-day and 50-day moving averages have moved 0.20% higher and 0.39% higher over the past week, respectively.

Keywords: rebounders ca inc

Ticker(s): CA