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Watch for Rpm Intl Inc to Potentially Pullback After Gaining 10.51% Yesterday

By Shiri Gupta

Rpm Intl Inc (NYSE:RPM) traded in a range yesterday that spanned from a low of $73.95 to a high of $74.96. Yesterday, the shares gained 10.5%, which took the trading range above the 3-day high of $74.59 on volume of 56,000 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 Rpm Intl Inc and will alert subscribers who have RPM in their portfolio or watchlist when shares have changed trend direction.

Rpm Intl Inc share prices have moved between a 52-week high of $74.96 and a 52-week low of $51.95 and are now trading 44% above that low price at $74.96 per share. In the last five trading sessions, the 50-day moving average (MA) has climbed 0.7% while the 200-day MA has risen 0.6%.

Keywords: rebounders rpm intl inc

Ticker(s): RPM