• Return to Headlines

After Yesterday's Decline of 1.55%, Keycorp Offers Investors Better Value

By David Diaz

Keycorp (NYSE:KEY) traded in a range yesterday that spanned from a low of $20.29 to a high of $20.77. Yesterday, the shares fell 1.5%, which took the trading range below the 3-day low of $20.46 on volume of 5.8 million shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.

Keycorp share prices have moved between a 52-week high of $22.40 and a 52-week low of $16.28 and are now trading 25% above that low price at $20.43 per share. In the last five trading sessions, the 50-day moving average (MA) has climbed 0.4% while the 200-day MA has risen 0.2%.

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

Keywords: rebounders keycorp

Ticker(s): KEY