• Return to Headlines

SmarTrend Watching for Potential Pullback in Shares of Hcp Inc After 1.19% Gain

By Nick Russo

Hcp Inc (NYSE:HCP) traded in a range yesterday that spanned from a low of $32.12 to a high of $32.46. Yesterday, the shares gained 1.2%, which took the trading range above the 3-day high of $32.00 on volume of 1.3 million shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.

Hcp Inc share prices have moved between a 52-week high of $32.46 and a 52-week low of $23.49 and are now trading 37% above that low price at $32.25 per share. The 200-day and 50-day moving averages have moved 0.33% higher and 0.07% higher over the past week, respectively.

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

Keywords: rebounders hcp inc

Ticker(s): HCP