• Return to Headlines

SmarTrend Watching for Potential Pullback in Shares of Potlatch Corp After 1.74% Gain

By Nick Russo

Potlatch Corp (NASDAQ:PCH) traded in a range yesterday that spanned from a low of $36.92 to a high of $37.57. Yesterday, the shares gained 1.7%, which took the trading range above the 3-day high of $37.05 on volume of 156,000 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, Potlatch Corp share prices have been bracketed by a low of $28.07 and a high of $52.65 and are now at $37.51, 34% above that low price. The 200-day and 50-day moving averages have moved 0.45% lower and 0.23% lower over the past week, respectively.

SmarTrend is monitoring the recent change of momentum in Potlatch Corp. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of Potlatch Corp in search of a potential trend change.

Keywords: rebounders potlatch corp

Ticker(s): PCH