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Look for Shares of First Horizon Na to Potentially Rebound after Yesterday's 3.06% Sell Off

By David Diaz

First Horizon Na (NYSE:FHN) traded in a range yesterday that spanned from a low of $15.84 to a high of $16.56. Yesterday, the shares fell 3.1%, which took the trading range below the 3-day low of $16.34 on volume of 1.8 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 First Horizon Na and will alert subscribers who have FHN in their portfolio or watchlist when shares have changed trend direction.

First Horizon Na share prices have moved between a 52-week high of $20.86 and the current low of $15.91 and are currently at $15.92 per share. In the last five trading sessions, the 50-day moving average (MA) has fallen 0.4% while the 200-day MA has slid 0.4%.

Keywords: rebounders first horizon na

Ticker(s): FHN