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After Yesterday's Decline of 2.43%, Brunswick Corp Offers Investors Better Value

By James Quinn

Brunswick Corp (NYSE:BC) traded in a range yesterday that spanned from a low of $47.52 to a high of $47.91. Yesterday, the shares fell 2.4%, which took the trading range below the 3-day low of $48.94 on volume of 508,000 shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.

Brunswick Corp share prices have moved between a 52-week high of $69.82 and a 52-week low of $41.92 and are now trading 14% above that low price at $47.75 per share. The 200-day and 50-day moving averages have moved 0.51% lower and 0.52% lower over the past week, respectively.

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

Keywords: rebounders brunswick corp

Ticker(s): BC