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Bruker Corp Falls 1.07% on Heavy Volume: Watch For Potential Rebound

By Amy Schwartz

Bruker Corp (NASDAQ:BRKR) traded in a range yesterday that spanned from a low of $49.32 to a high of $50.20. Yesterday, the shares fell 1.1%, which took the trading range below the 3-day low of $49.60 on volume of 97,000 shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.

Bruker Corp share prices have moved between a 52-week high of $54.49 and a 52-week low of $35.23 and are now trading 42% above that low price at $50.00 per share. Over the last five market days, the 200-day moving average (MA) has gone up 0.4% while the 50-day MA has remained constant.

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

Keywords: rebounders bruker corp

Ticker(s): BRKR