• Return to Headlines

Chemocentryx Inc Set to Possibly Rebound After Yesterday's Selloff of 3.37%

By James Quinn

Chemocentryx Inc (NASDAQ:CCXI) traded in a range yesterday that spanned from a low of $28.00 to a high of $29.89. Yesterday, the shares fell 3.4%, which took the trading range below the 3-day low of $28.05 on volume of 258,000 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 Chemocentryx Inc and will alert subscribers who have CCXI in their portfolio or watchlist when shares have changed trend direction.

In the past 52 weeks, shares of Chemocentryx Inc have traded between a low of $6.19 and a high of $36.88 and are now at $28.14, which is 355% above that low price. Over the last five market days, the 200-day moving average (MA) has gone up 2.8% while the 50-day MA has advanced 15.6%.

Keywords: rebounders chemocentryx inc

Ticker(s): CCXI