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SmarTrend Watching for Potential Pullback in Shares of Rockwell Collins After 1.08% Gain

By Shiri Gupta

Rockwell Collins (NYSE:COL) traded in a range yesterday that spanned from a low of $98.71 to a high of $99.85. Yesterday, the shares gained 1.1%, which took the trading range above the 3-day high of $99.03 on volume of 630,000 shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.

SmarTrend recommended that subscribers consider buying shares of Rockwell Collins on February 17th, 2017 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $93.11. Since that recommendation, shares of Rockwell Collins have risen 5.8%. We continue to monitor COL for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Rockwell Collins share prices have moved between a 52-week high of $99.85 and a 52-week low of $76.03 and are now trading 31% above that low price at $99.59 per share. The 200-day and 50-day moving averages have moved 0.05% lower and 0.14% higher over the past week, respectively.

Keywords: rebounders rockwell collins

Ticker(s): COL