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Hollyfrontier Co Falls 1.61% on Heavy Volume: Watch For Potential Rebound

By Nick Russo

Hollyfrontier Co (NYSE:HFC) traded in a range yesterday that spanned from a low of $47.22 to a high of $47.71. Yesterday, the shares fell 1.6%, which took the trading range below the 3-day low of $48.49 on volume of 1.0 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 Hollyfrontier Co and will alert subscribers who have HFC in their portfolio or watchlist when shares have changed trend direction.

Hollyfrontier Co share prices have moved between a 52-week high of $83.28 and a 52-week low of $46.75 and are now trading 2% above that low price at $47.71 per share. The 200-day and 50-day moving averages have moved 0.42% lower and 0.69% lower over the past week, respectively.

Keywords: rebounders hollyfrontier co

Ticker(s): HFC