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SmarTrend Watching for Potential Rebound in Shares of Avista Corp After 14.94% Loss

By James Quinn

Avista Corp (NYSE:AVA) traded in a range yesterday that spanned from a low of $43.70 to a high of $44.70. Yesterday, the shares fell 14.9%, which took the trading range below the 3-day low of $51.21 on volume of 4.7 million 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 Avista Corp and will alert subscribers who have AVA in their portfolio or watchlist when shares have changed trend direction.

Avista Corp share prices have moved between a 52-week high of $52.91 and the current low of $43.70 and are currently at $43.71 per share. Over the past week, the 200-day moving average (MA) has remained constant while the 50-day MA has remained constant.

Keywords: rebounders avista corp

Ticker(s): AVA