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Watch for Under Armo-C to Potentially Pullback After Gaining 5.68% Yesterday

By Nick Russo

Under Armo-C (NYSE:UA) traded in a range yesterday that spanned from a low of $19.31 to a high of $20.65. Yesterday, the shares gained 5.7%, which took the trading range above the 3-day high of $19.51 on volume of 2.3 million 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 monitoring the recent change of momentum in Under Armo-C. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of Under Armo-C in search of a potential trend change.

Under Armo-C share prices have moved between a 52-week high of $23.28 and a 52-week low of $15.05 and are now trading 36% above that low price at $20.46 per share. The 200-day and 50-day moving averages have moved 0.06% lower and 0.37% lower over the past week, respectively.

Keywords: rebounders under armo-c

Ticker(s): UA