Knoll traded in a range yesterday that spanned from a low of $13.99 to a high of $14.57. Yesterday’s high of the day pierced the 3-day high of $14.23 on volume of 366,000 shares.
Shares of Knoll have been range bound for the past 3-days between a high of $14.23 and a low of $13.70 and have traded with a 30-day average daily volume of 303,000 shares.
Look for shares of KNL to trade within a new higher trading range with support at $14.23 and move along with its peers in the Office Furniture SmarTrend industry.
SmarTrend is bullish on shares of Knoll and our subscribers were alerted to Buy on April 19, 2010 at $12.60. The stock has risen 15.3% since the alert was issued.
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