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Qts Realty Tru-A Set to Possibly Rebound After Yesterday's Selloff of 2.09%

By Nick Russo

Qts Realty Tru-A (NYSE:QTS) traded in a range yesterday that spanned from a low of $51.10 to a high of $51.62. Yesterday, the shares fell 2.1%, which took the trading range below the 3-day low of $51.62 on volume of 149,000 shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.

In the past 52 weeks, Qts Realty Tru-A share prices have been bracketed by a low of $34.27 and a high of $55.13 and are now at $51.50, 50% above that low price. Over the last five market days, the 200-day moving average (MA) has gone up 0.6% while the 50-day MA has advanced 0.7%.

SmarTrend is tracking the current trend status for Qts Realty Tru-A and will alert subscribers who have QTS in their portfolio or watchlist when shares have changed trend direction.

Keywords: rebounders qts realty tru-a

Ticker(s): QTS