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Lands' End Inc Set to Possibly Rebound After Yesterday's Selloff of 5.47%

By James Quinn

Lands' End Inc (NASDAQ:LE) traded in a range yesterday that spanned from a low of $16.95 to a high of $17.89. Yesterday, the shares fell 5.5%, which took the trading range below the 3-day low of $18.03 on volume of 146,000 shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.

In the past 52 weeks, shares of Lands' End Inc have traded between a low of $11.05 and a high of $31.15 and are now at $16.95, which is 53% above that low price. The 200-day and 50-day moving averages have moved 0.17% higher and 0.85% higher over the past week, respectively.

SmarTrend is tracking the current trend status for Lands' End Inc and will alert subscribers who have LE in their portfolio or watchlist when shares have changed trend direction.

Keywords: rebounders lands' end inc

Ticker(s): LE