• Return to Headlines

SmarTrend Watching for Potential Rebound in Shares of Hub Group-A After 1.49% Loss

By David Diaz

Hub Group-A (NASDAQ:HUBG) traded in a range yesterday that spanned from a low of $41.79 to a high of $42.06. Yesterday, the shares fell 1.5%, which took the trading range below the 3-day low of $42.24 on volume of 140,000 shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.

In the past 52 weeks, Hub Group-A share prices have been bracketed by a low of $34.02 and a high of $56.60 and are now at $41.81, 23% above that low price. In the last five trading sessions, the 50-day moving average (MA) has remained constant while the 200-day MA has slid 0.2%.

SmarTrend is tracking the current trend status for Hub Group-A and will alert subscribers who have HUBG in their portfolio or watchlist when shares have changed trend direction.

Keywords: rebounders hub group-a

Ticker(s): HUBG