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Look for Shares of Intl Flvr & Frag to Potentially Rebound after Yesterday's 1.07% Sell Off

By Nick Russo

Intl Flvr & Frag (NYSE:IFF) traded in a range yesterday that spanned from a low of $131.14 to a high of $135.13. Yesterday, the shares fell 1.1%, which took the trading range below the 3-day low of $131.52 on volume of 679,000 shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.

Intl Flvr & Frag share prices have moved between a 52-week high of $157.40 and a 52-week low of $122.11 and are now trading 8% above that low price at $132.15 per share. In the last five trading sessions, the 50-day moving average (MA) has climbed 0.3% while the 200-day MA has slid 0.2%.

SmarTrend is monitoring the recent change of momentum in Intl Flvr & Frag. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of Intl Flvr & Frag in search of a potential trend change.

Keywords: rebounders intl flvr & frag

Ticker(s): IFF