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Dillards Inc-A Falls 1.45% on Heavy Volume: Watch For Potential Rebound

By David Diaz

Dillards Inc-A (:DDS) traded in a range yesterday that spanned from a low of $67.85 to a high of $71.33. Yesterday, the shares fell 1.5%, which took the trading range below the 3-day low of $70.60 on volume of 77,000 shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.

Dillards Inc-A share prices have moved between a 52-week high of $86.71 and a 52-week low of $47.95 and are now trading 44% above that low price at $69.28 per share. Over the last five market days, the 200-day moving average (MA) has gone up 0.2% while the 50-day MA has advanced 1.9%.

SmarTrend is tracking the current trend status for Dillards Inc-A and will alert subscribers who have DDS in their portfolio or watchlist when shares have changed trend direction.

Keywords: rebounders :dds dillards inc-a

Ticker(s): DDS