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Look for Shares of Pebblebrook Hote to Potentially Rebound after Yesterday's 1.18% Sell Off

By Amy Schwartz

Pebblebrook Hote (NYSE:PEB) traded in a range yesterday that spanned from a low of $30.80 to a high of $31.06. Yesterday, the shares fell 1.2%, which took the trading range below the 3-day low of $31.03 on volume of 571,000 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 Pebblebrook Hote and will alert subscribers who have PEB in their portfolio or watchlist when shares have changed trend direction.

Pebblebrook Hote share prices have moved between a 52-week high of $41.65 and a 52-week low of $26.59 and are now trading 16% above that low price at $30.93 per share. In the last five trading sessions, the 50-day moving average (MA) has fallen 0.3% while the 200-day MA has slid 0.4%.

Keywords: rebounders pebblebrook hote

Ticker(s): PEB