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SmarTrend Watching for Potential Pullback in Shares of Hubspot Inc After 6.45% Gain

By James Quinn

Hubspot Inc (NYSE:HUBS) traded in a range yesterday that spanned from a low of $180.00 to a high of $197.95. Yesterday, the shares gained 6.4%, which took the trading range above the 3-day high of $185.07 on volume of 523,000 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 Hubspot Inc have traded between a low of $137.30 and a high of $207.47 and are now at $196.04, which is 43% above that low price. Over the past week, the 200-day moving average (MA) has remained constant while the 50-day MA has advanced 1.4%.

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

Keywords: rebounders hubspot inc

Ticker(s): HUBS