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Watch for Lhc Group Inc to Potentially Pullback After Gaining 1.68% Yesterday

By Shiri Gupta

Lhc Group Inc (NASDAQ:LHCG) traded in a range yesterday that spanned from a low of $110.97 to a high of $113.11. Yesterday, the shares gained 1.7%, which took the trading range above the 3-day high of $111.78 on volume of 101,000 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, shares of Lhc Group Inc have traded between a low of $59.21 and a high of $114.22 and are now at $113.11, which is 91% above that low price. In the last five trading sessions, the 50-day moving average (MA) has climbed 1.0% while the 200-day MA has risen 0.5%.

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

Keywords: rebounders lhc group inc

Ticker(s): LHCG