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SmarTrend Watching for Potential Pullback in Shares of Church & Dwight After 1.46% Gain

By Nick Russo

Church & Dwight (NYSE:CHD) traded in a range yesterday that spanned from a low of $54.91 to a high of $55.87. Yesterday, the shares gained 1.5%, which took the trading range above the 3-day high of $55.05 on volume of 739,000 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 Church & Dwight and will alert subscribers who have CHD in their portfolio or watchlist when shares have changed trend direction.

In the past 52 weeks, Church & Dwight share prices have been bracketed by a low of $43.21 and a high of $55.87 and are now at $55.70, 29% above that low price. The 200-day and 50-day moving averages have moved 0.23% higher and 1.32% higher over the past week, respectively.

Keywords: rebounders church & dwight

Ticker(s): CHD