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SmarTrend Watching for Potential Rebound in Shares of Agilent Technologies After 1.08% LossMay 23, 2013 (SmarTrend(R) News Watch via COMTEX) -- Agilent Technologies (NYSE:A) traded in a range yesterday that spanned from a low of $45.20 to a high of $45.93. Yesterday, the shares fell 1.1%, which took the trading range below the 3-day low of $45.39 on volume of 3.8 million shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion. SmarTrend recommended that subscribers consider buying shares of Agilent Technologies on March 8th, 2013 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $43.27. Since that recommendation, shares of Agilent Technologies have risen 6.9%. We continue to monitor A for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately. In the past 52 weeks, Agilent Technologies share prices have been bracketed by a low of $35.32 and a high of $47.47 and are now at $45.74, 30% above that low price. Over the last five market days, the 200-day moving average (MA) has gone up 0.3% while the 50-day MA has advanced 0.5%. 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 |
