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Lincoln Natl Crp Set to Possibly Rebound After Yesterday's Selloff of 1.56%

By Shiri Gupta

Lincoln Natl Crp (NYSE:LNC) traded in a range yesterday that spanned from a low of $62.91 to a high of $65.26. Yesterday, the shares fell 1.6%, which took the trading range below the 3-day low of $63.97 on volume of 810,000 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 Lincoln Natl Crp and will alert subscribers who have LNC in their portfolio or watchlist when shares have changed trend direction.

In the past 52 weeks, Lincoln Natl Crp share prices have been bracketed by a low of $61.18 and a high of $86.68 and are now at $63.20, 3% above that low price. Over the past week, the 200-day moving average (MA) has gone down 0.3% while the 50-day MA has remained constant.

Keywords: rebounders lincoln natl crp

Ticker(s): LNC