Mead Johnson Nutrition Set to Possibly Pullback After Yesterday's Rally of 1.02%
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[February 14, 2012]

Mead Johnson Nutrition Set to Possibly Pullback After Yesterday's Rally of 1.02%

Feb 14, 2012 (SmarTrend(R) News Watch via COMTEX) -- Mead Johnson Nutrition (NYSE:MJN) traded in a range yesterday that spanned from a low of $75.35 to a high of $76.00. Yesterday, the shares gained 1.0%, which took the trading range above the 3-day high of $75.81 on volume of 943,000 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 Mead Johnson Nutrition and will alert subscribers who have MJN in their portfolio or watchlist when shares have changed trend direction.

In the past 52 weeks, Mead Johnson Nutrition share prices have been bracketed by a low of $55.12 and a high of $77.40 and are now at $75.94, 38% above that low price. The 200-day and 50-day moving averages have moved 0.26% higher and 0.10% higher over the past week, respectively.


Write to Chip Brian at cbrian@mysmartrend.com --------------------------------------------------------------------------------------------- SmarTrend analyzes over 5,000 securities simultaneously throughout the trading day and provides its subscribers with trend change alerts in real time. To get a free trial of our trading calls and maximize your trading results, please visit http://www.MySmarTrend.com Get exclusive, actionable insight into how the market is expected to trend prior to market open with our free morning newsletter. Sign up at: http://www.MySmarTrend.com/signup

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