SmarTrend Watching for Potential Pullback in Shares of Hospira After 6.08% Gain
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[February 14, 2012]

SmarTrend Watching for Potential Pullback in Shares of Hospira After 6.08% Gain

Feb 14, 2012 (SmarTrend(R) News Watch via COMTEX) -- Hospira (NYSE:HSP) traded in a range yesterday that spanned from a low of $34.31 to a high of $37.70. Yesterday, the shares gained 6.1%, which took the trading range above the 3-day high of $34.76 on volume of 7.2 million shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.


Over the past year, Hospira has traded in a range of $26.92 to $59.20 and is now at $36.30, 35% above that low. Over the last five market days, the 200-day moving average (MA) has gone down 0.8% while the 50-day MA has advanced 0.9%.

SmarTrend recommended that subscribers consider buying shares of Hospira on January 17th, 2012 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $32.32. Since that recommendation, shares of Hospira have risen 5.9%. We continue to monitor HSP for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.


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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