• Return to Headlines

Ddr Corp Set to Possibly Rebound After Yesterday's Selloff of 6.36%

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.

Ddr Corp share prices have moved between a 52-week high of $18.25 and a 52-week low of $6.63 and are now trading 102% above that low price at $13.39 per share. In the last five trading sessions, the 50-day moving average (MA) has fallen 1% while the 200-day MA has risen 1.2%.

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.

Keywords: rebounders ddr corp

Ticker(s): DDR