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Watch for Realogy Holdings to Potentially Pullback After Gaining 34.27% Yesterday

By Amy Schwartz

Realogy Holdings (NYSE:RLGY) traded in a range yesterday that spanned from a low of $9.38 to a high of $9.92. Yesterday, the shares gained 34.3%, which took the trading range above the 3-day high of $9.67 on volume of 416,000 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 Realogy Holdings and will alert subscribers who have RLGY in their portfolio or watchlist when shares have changed trend direction.

Realogy Holdings share prices have moved between a 52-week high of $19.73 and a 52-week low of $4.33 and are now trading 126% above that low price at $9.78 per share. In the last five trading sessions, the 50-day moving average (MA) has climbed 3.8% while the 200-day MA has slid 1.8%.

Keywords: rebounders realogy holdings

Ticker(s): RLGY