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Zoetis Inc Rises 1.47% on Heavy Volume: Watch For Potential Pullback

By Shiri Gupta

Zoetis Inc (NYSE:ZTS) traded in a range yesterday that spanned from a low of $120.25 to a high of $121.97. Yesterday, the shares gained 1.5%, which took the trading range above the 3-day high of $121.24 on volume of 216,000 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 Zoetis Inc and will alert subscribers who have ZTS in their portfolio or watchlist when shares have changed trend direction.

Over the past year, Zoetis Inc has traded in a range of $78.90 to $130.20 and is now at $121.57, 54% above that low. Over the last five market days, the 200-day moving average (MA) has gone up 0.7% while the 50-day MA has declined 0.2%.

Keywords: rebounders zoetis inc

Ticker(s): ZTS