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Watch for Nrg Yield Inc-C to Potentially Pullback After Gaining 1.41% Yesterday

By Amy Schwartz

Nrg Yield Inc-C (NYSE:NYLD) traded in a range yesterday that spanned from a low of $17.75 to a high of $18.15. Yesterday, the shares gained 1.4%, which took the trading range above the 3-day high of $17.90 on volume of 608,000 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 Nrg Yield Inc-C and will alert subscribers who have NYLD in their portfolio or watchlist when shares have changed trend direction.

In the past 52 weeks, shares of Nrg Yield Inc-C have traded between a low of $15.55 and a high of $20.15 and are now at $18.02, which is 16% above that low price. The 200-day and 50-day moving averages have moved 0.19% lower and 0.13% lower over the past week, respectively.

Keywords: rebounders nrg yield inc-c

Ticker(s): NYLD