• Return to Headlines

Look for Shares of Fibrogen Inc to Potentially Rebound after Yesterday's 3.06% Sell Off

By Amy Schwartz

Fibrogen Inc (NASDAQ:FGEN) traded in a range yesterday that spanned from a low of $63.10 to a high of $65.20. Yesterday, the shares fell 3.1%, which took the trading range below the 3-day low of $64.90 on volume of 252,000 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 Fibrogen Inc and will alert subscribers who have FGEN in their portfolio or watchlist when shares have changed trend direction.

Over the past year, Fibrogen Inc has traded in a range of $32.20 to $68.55 and is now at $63.65, 98% above that low. Over the past week, the 200-day moving average (MA) has gone up 0.5% while the 50-day MA has advanced 2.8%.

Keywords: rebounders fibrogen inc

Ticker(s): FGEN