• Return to Headlines

After Yesterday's Decline of 2.01%, Nielsen Holdings Offers Investors Better Value

By David Diaz

Nielsen Holdings (NYSE:NLSN) traded in a range yesterday that spanned from a low of $20.49 to a high of $20.90. Yesterday, the shares fell 2.0%, which took the trading range below the 3-day low of $20.69 on volume of 1.1 million 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 Nielsen Holdings have traded between the current low of $20.49 and a high of $28.50 and are now at $20.59. The 200-day and 50-day moving averages have moved 0.28% lower and 0.43% lower over the past week, respectively.

SmarTrend recommended that its subscribers protect gains by selling shares of Nielsen Holdings on May 13th, 2019 by issuing a Downtrend alert when the shares were trading at $23.58. Since that call, shares of Nielsen Holdings have fallen 11.3%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Keywords: rebounders nielsen holdings

Ticker(s): NLSN