• Return to Headlines

Look for Shares of Colony Capital-A to Potentially Rebound after Yesterday's 10.26% Sell Off

By Shiri Gupta

Colony Capital-A (:CLNY) traded in a range yesterday that spanned from a low of $4.90 to a high of $5.34. Yesterday, the shares fell 10.3%, which took the trading range below the 3-day low of $5.45 on volume of 1.1 million 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 Colony Capital-A and will alert subscribers who have CLNY in their portfolio or watchlist when shares have changed trend direction.

Over the past year, Colony Capital-A has traded in a range of $4.32 to $6.28 and is now at $4.90, 13% above that low. The 200-day and 50-day moving averages have moved 0.04% lower and 1.57% higher over the past week, respectively.

Keywords: rebounders :clny colony capital-a

Ticker(s): CLNY