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After Yesterday's Rally of 1.07% Shares Could Potentially Pullback

By David Diaz

Hasbro Inc (NASDAQ:HAS) traded in a range yesterday that spanned from a low of $104.75 to a high of $106.25. Yesterday, the shares gained 1.1%, which took the trading range above the 3-day high of $105.01 on volume of 260,000 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 Hasbro Inc and will alert subscribers who have HAS in their portfolio or watchlist when shares have changed trend direction.

In the past 52 weeks, shares of Hasbro Inc have traded between a low of $82.88 and a high of $126.56 and are now at $105.89, which is 28% above that low price. In the last five trading sessions, the 50-day moving average (MA) has climbed 0.4% while the 200-day MA has risen 0.2%.

Keywords: rebounders hasbro inc

Ticker(s): HAS