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Look for Shares of Voya Financial I to Potentially Rebound after Yesterday's 1.34% Sell Off

By Shiri Gupta

Voya Financial I (NYSE:VOYA) traded in a range yesterday that spanned from a low of $52.26 to a high of $53.32. Yesterday, the shares fell 1.3%, which took the trading range below the 3-day low of $52.85 on volume of 666,000 shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.

Voya Financial I share prices have moved between a 52-week high of $55.27 and a 52-week low of $34.75 and are now trading 51% above that low price at $52.50 per share. In the last five trading sessions, the 50-day moving average (MA) has climbed 0.4% while the 200-day MA has risen 0.5%.

SmarTrend is tracking the current trend status for Voya Financial I and will alert subscribers who have VOYA in their portfolio or watchlist when shares have changed trend direction.

Keywords: rebounders voya financial i

Ticker(s): VOYA