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Look for Shares of Edgewell Persona to Potentially Rebound after Yesterday's 1.82% Sell Off

By Nick Russo

Edgewell Persona (NYSE:EPC) traded in a range yesterday that spanned from a low of $50.95 to a high of $52.24. Yesterday, the shares fell 1.8%, which took the trading range below the 3-day low of $52.09 on volume of 219,000 shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.

Edgewell Persona share prices have moved between a 52-week high of $88.00 and a 52-week low of $46.83 and are now trading 9% above that low price at $51.16 per share. In the last five trading sessions, the 50-day moving average (MA) has climbed 0.4% while the 200-day MA has slid 0.4%.

SmarTrend recommended that its subscribers protect gains by selling shares of Edgewell Persona on January 31st, 2018 by issuing a Downtrend alert when the shares were trading at $56.69. Since that call, shares of Edgewell Persona have fallen 8.1%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Keywords: rebounders edgewell persona

Ticker(s): EPC