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Intl Flvr & Frag Falls 1.07% on Heavy Volume: Watch For Potential Rebound

By Amy Schwartz

Intl Flvr & Frag (NYSE:IFF) traded in a range yesterday that spanned from a low of $131.14 to a high of $135.13. Yesterday, the shares fell 1.1%, which took the trading range below the 3-day low of $131.52 on volume of 679,000 shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.

SmarTrend is monitoring the recent change of momentum in Intl Flvr & Frag. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of Intl Flvr & Frag in search of a potential trend change.

Intl Flvr & Frag share prices have moved between a 52-week high of $157.40 and a 52-week low of $122.11 and are now trading 8% above that low price at $132.15 per share. Over the past week, the 200-day moving average (MA) has gone down 0.2% while the 50-day MA has advanced 0.3%.

Keywords: rebounders intl flvr & frag

Ticker(s): IFF