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Watch for Ehealth Inc to Potentially Pullback After Gaining 2.14% Yesterday

By Nick Russo

Ehealth Inc (NASDAQ:EHTH) traded in a range yesterday that spanned from a low of $117.40 to a high of $121.31. Yesterday, the shares gained 2.1%, which took the trading range above the 3-day high of $118.97 on volume of 92,000 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 Ehealth Inc and will alert subscribers who have EHTH in their portfolio or watchlist when shares have changed trend direction.

Ehealth Inc share prices have moved between a 52-week high of $130.00 and a 52-week low of $34.04 and are now trading 256% above that low price at $121.02 per share. The 200-day and 50-day moving averages have moved 1.00% higher and 1.51% higher over the past week, respectively.

Keywords: rebounders ehealth inc

Ticker(s): EHTH