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Regions Financia Falls 1.27% on Heavy Volume: Watch For Potential Rebound

By James Quinn

Regions Financia (NYSE:RF) traded in a range yesterday that spanned from a low of $19.40 to a high of $19.82. Yesterday, the shares fell 1.3%, which took the trading range below the 3-day low of $19.65 on volume of 5.0 million shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.

SmarTrend recommended that subscribers consider buying shares of Regions Financia on September 27th, 2017 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $15.02. Since that recommendation, shares of Regions Financia have risen 31.2%. We continue to monitor RF for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Regions Financia share prices have moved between a 52-week high of $20.21 and a 52-week low of $7.80 and are now trading 150% above that low price at $19.48 per share. The 200-day and 50-day moving averages have moved 0.24% lower and 1.51% higher over the past week, respectively.

Keywords: rebounders regions financia

Ticker(s): RF