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Qiagen Nv Falls 2.02% on Heavy Volume: Watch For Potential Rebound

By James Quinn

Qiagen Nv (NYSE:QGEN) traded in a range yesterday that spanned from a low of $42.01 to a high of $42.29. Yesterday, the shares fell 2.0%, which took the trading range below the 3-day low of $42.19 on volume of 234,000 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 Qiagen Nv and will alert subscribers who have QGEN in their portfolio or watchlist when shares have changed trend direction.

In the past 52 weeks, Qiagen Nv share prices have been bracketed by a low of $24.86 and a high of $43.16 and are now at $42.23, 70% above that low price. Over the past week, the 200-day moving average (MA) has gone up 0.2% while the 50-day MA has advanced 1.6%.

Keywords: rebounders qiagen nv

Ticker(s): QGEN