• Return to Headlines

Look for Shares of Vmware Inc-Cl A to Potentially Rebound after Yesterday's 1.59% Sell Off

By Nick Russo

Vmware Inc-Cl A (NYSE:VMW) traded in a range yesterday that spanned from a low of $150.20 to a high of $152.31. Yesterday, the shares fell 1.6%, which took the trading range below the 3-day low of $152.94 on volume of 135,000 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 Vmware Inc-Cl A and will alert subscribers who have VMW in their portfolio or watchlist when shares have changed trend direction.

Over the past year, Vmware Inc-Cl A has traded in a range of $128.69 to $206.41 and is now at $151.92, 18% above that low. Over the past week, the 200-day moving average (MA) has remained constant while the 50-day MA has declined 0.4%.

Keywords: rebounders vmware inc-cl a

Ticker(s): VMW