• Return to Headlines

After Yesterday's Decline of 2.82%, Wintrust Finl Offers Investors Better Value

By Shiri Gupta

Wintrust Finl (NASDAQ:WTFC) traded in a range yesterday that spanned from a low of $80.59 to a high of $86.51. Yesterday, the shares fell 2.8%, which took the trading range below the 3-day low of $82.94 on volume of 280,000 shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.

In the past 52 weeks, Wintrust Finl share prices have been bracketed by a low of $46.62 and a high of $99.96 and are now at $80.79, 73% above that low price. Over the last five market days, the 200-day moving average (MA) has remained constant while the 50-day MA has declined 0.2%.

SmarTrend recommended that its subscribers protect gains by selling shares of Wintrust Finl on September 18th, 2018 by issuing a Downtrend alert when the shares were trading at $87.48. Since that call, shares of Wintrust Finl have fallen 5.1%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Keywords: rebounders wintrust finl

Ticker(s): WTFC