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SmarTrend Watching for Potential Pullback in Shares of Kansas City Sout After 1.31% Gain

By David Diaz

Kansas City Sout (NYSE:KSU) traded in a range yesterday that spanned from a low of $120.86 to a high of $122.81. Yesterday, the shares gained 1.3%, which took the trading range above the 3-day high of $121.86 on volume of 308,000 shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.

Over the past year, Kansas City Sout has traded in a range of $90.55 to $125.92 and is now at $122.81, 36% above that low. Over the last five market days, the 200-day moving average (MA) has remained constant while the 50-day MA has advanced 0.6%.

SmarTrend is tracking the current trend status for Kansas City Sout and will alert subscribers who have KSU in their portfolio or watchlist when shares have changed trend direction.

Keywords: rebounders kansas city sout

Ticker(s): KSU