[May 08, 2013] Teradata Set to Possibly Pullback After Yesterday's Rally of 3.90% Tweet May 08, 2013 (SmarTrend(R) News Watch via COMTEX) -- Teradata (NYSE:TDC) traded in a range yesterday that spanned from a low of $51.81 to a high of $54.14. Yesterday, the shares gained 3.9%, which took the trading range above the 3-day high of $52.24 on volume of 2.7 million 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, Teradata share prices have been bracketed by a low of $48.81 and a high of $80.97 and are now at $54.08, 11% above that low price. Over the past week, the 200-day moving average (MA) has gone down 0.3% while the 50-day MA has declined 1.2%. SmarTrend recommended that its subscribers protect gains by selling shares of Teradata on February 7th, 2013 by issuing a Downtrend alert when the shares were trading at $61.92. Since that call, shares of Teradata have fallen 15.9%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time. Write to Chip Brian at [email protected] --------------------------------------------------------------------------------------------- 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 [ Back To TMCnet.com's Homepage ]