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After Yesterday's Decline of 2.26%, Wyndham Worldwid Offers Investors Better Value

By David Diaz

Wyndham Worldwid (NYSE:WYN) traded in a range yesterday that spanned from a low of $115.46 to a high of $118.50. Yesterday, the shares fell 2.3%, which took the trading range below the 3-day low of $117.25 on volume of 422,000 shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.

Over the past year, Wyndham Worldwid has traded in a range of $62.60 to $127.96 and is now at $115.51, 85% above that low. Over the past week, the 200-day moving average (MA) has gone down 0.4% while the 50-day MA has remained constant.

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

Keywords: rebounders wyndham worldwid

Ticker(s): WYN