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Look for Shares of Clorox Co to Potentially Rebound after Yesterday's 1.77% Sell Off

By Amy Schwartz

Clorox Co (NYSE:CLX) traded in a range yesterday that spanned from a low of $151.72 to a high of $154.11. Yesterday, the shares fell 1.8%, which took the trading range below the 3-day low of $153.70 on volume of 371,000 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 Clorox Co and will alert subscribers who have CLX in their portfolio or watchlist when shares have changed trend direction.

Over the past year, Clorox Co has traded in a range of $113.57 to $167.70 and is now at $151.72, 34% above that low. Over the past week, the 200-day moving average (MA) has gone up 0.2% while the 50-day MA has advanced 0.3%.

Keywords: rebounders clorox co

Ticker(s): CLX