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Look for Shares of Teradata Corp to Potentially Rebound after Yesterday's 18.05% Sell Off

By Nick Russo

Teradata Corp (NYSE:TDC) traded in a range yesterday that spanned from a low of $23.90 to a high of $25.34. Yesterday, the shares fell 18.0%, which took the trading range below the 3-day low of $30.18 on volume of 3.0 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 Teradata Corp and will alert subscribers who have TDC in their portfolio or watchlist when shares have changed trend direction.

In the past 52 weeks, Teradata Corp share prices have been bracketed by a current low of $23.90 and a high of $49.42 and are now at $24.29. The 200-day and 50-day moving averages have moved 0.65% lower and 0.32% lower over the past week, respectively.

Keywords: rebounders teradata corp

Ticker(s): TDC