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Watch for Deckers Outdoor to Potentially Pullback After Gaining 1.06% Yesterday

By Amy Schwartz

Deckers Outdoor (NYSE:DECK) traded in a range yesterday that spanned from a low of $152.81 to a high of $154.31. Yesterday, the shares gained 1.1%, which took the trading range above the 3-day high of $152.83 on volume of 150,000 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, Deckers Outdoor share prices have been bracketed by a low of $80.10 and a high of $154.31 and are now at $153.29, 91% above that low price. In the last five trading sessions, the 50-day moving average (MA) has climbed 0.8% while the 200-day MA has risen 0.4%.

SmarTrend is tracking the current trend status for Deckers Outdoor and will alert subscribers who have DECK in their portfolio or watchlist when shares have changed trend direction.

Keywords: rebounders deckers outdoor

Ticker(s): DECK