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Ameren Corp Set to Possibly Rebound After Yesterday's Selloff of 3.42%

By David Diaz

Ameren Corp (NYSE:AEE) traded in a range yesterday that spanned from a low of $73.34 to a high of $74.92. Yesterday, the shares fell 3.4%, which took the trading range below the 3-day low of $73.74 on volume of 819,000 shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.

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

Over the past year, Ameren Corp has traded in a range of $62.51 to $80.85 and is now at $74.92, 20% above that low. In the last five trading sessions, the 50-day moving average (MA) has remained constant while the 200-day MA has risen 0.2%.

Keywords: rebounders ameren corp

Ticker(s): AEE