• Return to Headlines

SmarTrend Watching for Potential Rebound in Shares of Cno Financial Gr After 1.66% Loss

By Shiri Gupta

Cno Financial Gr (NYSE:CNO) traded in a range yesterday that spanned from a low of $23.07 to a high of $23.49. Yesterday, the shares fell 1.7%, which took the trading range below the 3-day low of $23.30 on volume of 431,000 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 Cno Financial Gr on July 17th, 2017 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $21.23. Since that recommendation, shares of Cno Financial Gr have risen 10.9%. We continue to monitor CNO for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Cno Financial Gr share prices have moved between a 52-week high of $23.95 and a 52-week low of $14.30 and are now trading 62% above that low price at $23.11 per share. The 200-day and 50-day moving averages have moved 0.05% lower and 0.44% higher over the past week, respectively.

Keywords: rebounders cno financial gr

Ticker(s): CNO