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After Yesterday's Decline of 1.97%, Terraform Powe-A Offers Investors Better Value

By Shiri Gupta

Terraform Powe-A (NASDAQ:TERP) traded in a range yesterday that spanned from a low of $10.91 to a high of $11.45. Yesterday, the shares fell 2.0%, which took the trading range below the 3-day low of $11.07 on volume of 544,000 shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.

Terraform Powe-A share prices have moved between a 52-week high of $14.69 and a 52-week low of $7.95 and are now trading 38% above that low price at $10.94 per share. In the last five trading sessions, the 50-day moving average (MA) has climbed 0.3% while the 200-day MA has slid 0.3%.

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

Keywords: rebounders terraform powe-a

Ticker(s): TERP