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After Yesterday's Decline of 10.14%, Quotient Technol Offers Investors Better Value

By Amy Schwartz

Quotient Technol (NYSE:QUOT) traded in a range yesterday that spanned from a low of $9.33 to a high of $10.46. Yesterday, the shares fell 10.1%, which took the trading range below the 3-day low of $10.45 on volume of 224,000 shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.

In the past 52 weeks, shares of Quotient Technol have traded between a low of $6.92 and a high of $11.99 and are now at $9.75, which is 41% above that low price. Over the last five market days, the 200-day moving average (MA) has gone up 0.2% while the 50-day MA has remained constant.

SmarTrend is tracking the current trend status for Quotient Technol and will alert subscribers who have QUOT in their portfolio or watchlist when shares have changed trend direction.

Keywords: rebounders quotient technol

Ticker(s): QUOT