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After Yesterday's Decline of 1.09%, Aon Plc Offers Investors Better Value

By Shiri Gupta

Aon Plc (NYSE:AON) traded in a range yesterday that spanned from a low of $144.35 to a high of $146.72. Yesterday, the shares fell 1.1%, which took the trading range below the 3-day low of $144.98 on volume of 546,000 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 Aon Plc have traded between a low of $100.55 and a high of $152.78 and are now at $144.46, which is 44% above that low price. Over the past week, the 200-day moving average (MA) has remained constant while the 50-day MA has advanced 0.9%.

SmarTrend is monitoring the recent change of momentum in Aon Plc. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of Aon Plc in search of a potential trend change.

Keywords: rebounders aon plc

Ticker(s): AON