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SmarTrend Watching for Potential Rebound in Shares of Aimmune Therapeu After 2.08% Loss

By Nick Russo

Aimmune Therapeu (NASDAQ:AIMT) traded in a range yesterday that spanned from a low of $27.55 to a high of $28.39. Yesterday, the shares fell 2.1%, which took the trading range below the 3-day low of $28.19 on volume of 350,000 shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.

In the past 52 weeks, Aimmune Therapeu share prices have been bracketed by a low of $16.95 and a high of $37.00 and are now at $27.71, 63% above that low price. In the last five trading sessions, the 50-day moving average (MA) has climbed 0.3% while the 200-day MA has risen 0.7%.

SmarTrend is monitoring the recent change of momentum in Aimmune Therapeu. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of Aimmune Therapeu in search of a potential trend change.

Keywords: rebounders aimmune therapeu

Ticker(s): AIMT