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Ddr Corp Falls 6.36% on Heavy Volume: Watch For Potential Rebound

By Amy Schwartz

Ddr Corp (NYSE:DDR) traded in a range yesterday that spanned from a low of $13.36 to a high of $14.06. Yesterday, the shares fell 6.4%, which took the trading range below the 3-day low of $14.11 on volume of 2.6 million 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 Ddr Corp and will alert subscribers who have DDR in their portfolio or watchlist when shares have changed trend direction.

In the past 52 weeks, shares of Ddr Corp have traded between a low of $6.63 and a high of $18.25 and are now at $13.39, which is 102% above that low price. The 200-day and 50-day moving averages have moved 1.20% higher and 1.03% lower over the past week, respectively.

Keywords: rebounders ddr corp

Ticker(s): DDR