• Return to Headlines

After Yesterday's Decline of 1.57%, Alliance Data Offers Investors Better Value

By Amy Schwartz

Alliance Data (NYSE:ADS) traded in a range yesterday that spanned from a low of $103.01 to a high of $103.99. Yesterday, the shares fell 1.6%, which took the trading range below the 3-day low of $103.05 on volume of 219,000 shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.

Alliance Data share prices have moved between a 52-week high of $182.95 and a 52-week low of $99.20 and are now trading 4% above that low price at $102.77 per share. Over the past week, the 200-day moving average (MA) has gone down 0.6% while the 50-day MA has remained constant.

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

Keywords: rebounders alliance data

Ticker(s): ADS