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United Therapeut Rises 2.16% on Heavy Volume: Watch For Potential Pullback

By David Diaz

United Therapeut (NASDAQ:UTHR) traded in a range yesterday that spanned from a low of $116.04 to a high of $118.90. Yesterday, the shares gained 2.2%, which took the trading range above the 3-day high of $116.14 on volume of 174,000 shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.

In the past 52 weeks, United Therapeut share prices have been bracketed by a low of $74.31 and a high of $118.90 and are now at $118.16, 59% above that low price. Over the past week, the 200-day moving average (MA) has gone up 0.6% while the 50-day MA has advanced 0.6%.

SmarTrend is tracking the current trend status for United Therapeut and will alert subscribers who have UTHR in their portfolio or watchlist when shares have changed trend direction.

Keywords: rebounders united therapeut

Ticker(s): UTHR