[May 21, 2013] Look for Shares of Nuance Communications to Potentially Pullback after Yesterday's 2.94% Rise Tweet May 21, 2013 (SmarTrend(R) News Watch via COMTEX) -- Nuance Communications (NASDAQ:NUAN) traded in a range yesterday that spanned from a low of $18.80 to a high of $19.56. Yesterday, the shares gained 2.9%, which took the trading range above the 3-day high of $18.76 on volume of 8.8 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, shares of Nuance Communications have traded between a low of $18.00 and a high of $25.89 and are now at $19.28, which is 7% above that low price. In the last five trading sessions, the 50-day moving average (MA) has remained constant while the 200-day MA has remained constant. SmarTrend is tracking the current trend status for Nuance Communications and will alert subscribers who have NUAN in their portfolio or watchlist when shares have changed trend direction. 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 ]