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After Yesterday's Decline of 3.28%, Intrexon Corp Offers Investors Better Value

By Shiri Gupta

Intrexon Corp (NYSE:XON) traded in a range yesterday that spanned from a low of $17.70 to a high of $18.98. Yesterday, the shares fell 3.3%, which took the trading range below the 3-day low of $17.74 on volume of 959,000 shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.

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

In the past 52 weeks, Intrexon Corp share prices have been bracketed by a current low of $17.70 and a high of $32.90 and are now at $18.09. The 200-day and 50-day moving averages have moved 1.63% lower and 1.45% lower over the past week, respectively.

Keywords: rebounders intrexon corp

Ticker(s): XON