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Lincoln Natl Crp Falls 3.97% on Heavy Volume: Watch For Potential Rebound

By Shiri Gupta

Lincoln Natl Crp (NYSE:LNC) traded in a range yesterday that spanned from a low of $55.76 to a high of $58.00. Yesterday, the shares fell 4.0%, which took the trading range below the 3-day low of $60.91 on volume of 199,000 shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.

Lincoln Natl Crp share prices have moved between a 52-week high of $67.52 and a 52-week low of $48.07 and are now trading 17% above that low price at $56.29 per share. In the last five trading sessions, the 50-day moving average (MA) has climbed 0.9% while the 200-day MA has risen 0.2%.

SmarTrend is tracking the current trend status for Lincoln Natl Crp and will alert subscribers who have LNC in their portfolio or watchlist when shares have changed trend direction.

Keywords: rebounders lincoln natl crp

Ticker(s): LNC