• Return to Headlines

Watch for Host Hotels & Resorts to Potentially Pullback After Gaining 1.44% Yesterday

By Nick Russo

Host Hotels & Resorts (NYSE:HST) traded in a range yesterday that spanned from a low of $18.77 to a high of $19.11. Yesterday, the shares gained 1.4%, which took the trading range above the 3-day high of $18.84 on volume of 3.0 million 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, shares of Host Hotels & Resorts have traded between a low of $12.17 and a high of $21.40 and are now at $19.02, which is 56% above that low price. Over the last five market days, the 200-day moving average (MA) has gone down 0.6% while the 50-day MA has advanced 0.5%.

SmarTrend is tracking the current trend status for Host Hotels & Resorts and will alert subscribers who have HST in their portfolio or watchlist when shares have changed trend direction.

Keywords: rebounders Host Hotels & Resorts

Ticker(s): HST