• Return to Headlines

SmarTrend Watching for Potential Pullback in Shares of Universal Hlth-B After 1.29% Gain

By Amy Schwartz

Universal Hlth-B (NYSE:UHS) traded in a range yesterday that spanned from a low of $118.20 to a high of $120.03. Yesterday, the shares gained 1.3%, which took the trading range above the 3-day high of $119.27 on volume of 519,000 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 tracking the current trend status for Universal Hlth-B and will alert subscribers who have UHS in their portfolio or watchlist when shares have changed trend direction.

Over the past year, Universal Hlth-B has traded in a range of $95.26 to $138.77 and is now at $119.88, 26% above that low. In the last five trading sessions, the 50-day moving average (MA) has climbed 1.6% while the 200-day MA has remained constant.

Keywords: rebounders universal hlth-b

Ticker(s): UHS