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After Yesterday's Decline of 2.44%, Ventas Inc Offers Investors Better Value

By James Quinn

Ventas Inc (NYSE:VTR) traded in a range yesterday that spanned from a low of $57.08 to a high of $58.81. Yesterday, the shares fell 2.4%, which took the trading range below the 3-day low of $58.57 on volume of 932,000 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 Ventas Inc have traded between a low of $46.55 and a high of $69.55 and are now at $57.46, which is 23% above that low price. The 200-day and 50-day moving averages have moved 0.19% lower and 0.24% higher over the past week, respectively.

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

Keywords: rebounders ventas inc

Ticker(s): VTR