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After Yesterday's Decline of 1.47%, Mccormick-N/V Offers Investors Better Value

By Shiri Gupta

Mccormick-N/V (NYSE:MKC) traded in a range yesterday that spanned from a low of $104.70 to a high of $106.63. Yesterday, the shares fell 1.5%, which took the trading range below the 3-day low of $105.29 on volume of 348,000 shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.

SmarTrend is tracking the current trend status for Mccormick-N/V and will alert subscribers who have MKC in their portfolio or watchlist when shares have changed trend direction.

Mccormick-N/V share prices have moved between a 52-week high of $111.46 and a 52-week low of $88.64 and are now trading 18% above that low price at $104.89 per share. Over the past week, the 200-day moving average (MA) has gone up 0.3% while the 50-day MA has advanced 0.2%.

Keywords: rebounders mccormick-n/v

Ticker(s): MKC