• Return to Headlines

SmarTrend Watching for Potential Pullback in Shares of Teladoc Inc After 1.38% Gain

By David Diaz

Teladoc Inc (NYSE:TDOC) traded in a range yesterday that spanned from a low of $66.06 to a high of $67.85. Yesterday, the shares gained 1.4%, which took the trading range above the 3-day high of $65.75 on volume of 704,000 shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.

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

In the past 52 weeks, shares of Teladoc Inc have traded between a low of $27.30 and a high of $67.85 and are now at $66.95, which is 145% above that low price. Over the past week, the 200-day moving average (MA) has gone up 1.6% while the 50-day MA has advanced 3.2%.

Keywords: rebounders teladoc inc

Ticker(s): TDOC