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Tyler Technolog Set to Possibly Pullback After Yesterday's Rally of 2.24%

By Shiri Gupta

Tyler Technolog (NYSE:TYL) traded in a range yesterday that spanned from a low of $322.29 to a high of $335.70. Yesterday, the shares gained 2.2%, which took the trading range above the 3-day high of $331.68 on volume of 69,000 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 Tyler Technolog and will alert subscribers who have TYL in their portfolio or watchlist when shares have changed trend direction.

Over the past year, Tyler Technolog has traded in a range of $205.90 to $340.80 and is now at $334.04, 62% above that low. The 200-day and 50-day moving averages have moved 0.96% higher and 0.21% lower over the past week, respectively.

Keywords: rebounders tyler technolog

Ticker(s): TYL