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H&R Block Inc Falls 2.18% on Heavy Volume: Watch For Potential Rebound

By Amy Schwartz

H&R Block Inc (NYSE:HRB) traded in a range yesterday that spanned from a low of $25.39 to a high of $26.31. Yesterday, the shares fell 2.2%, which took the trading range below the 3-day low of $25.93 on volume of 922,000 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 H&R Block Inc and will alert subscribers who have HRB in their portfolio or watchlist when shares have changed trend direction.

In the past 52 weeks, H&R Block Inc share prices have been bracketed by a low of $22.45 and a high of $29.81 and are now at $25.48, 13% above that low price. Over the last five market days, the 200-day moving average (MA) has remained constant while the 50-day MA has advanced 0.4%.

Keywords: rebounders h&r block inc

Ticker(s): HRB