• Return to Headlines

SmarTrend Watching for Potential Rebound in Shares of Regis Corp After 2.79% Loss

By Amy Schwartz

Regis Corp (NYSE:RGS) traded in a range yesterday that spanned from a low of $15.50 to a high of $16.01. Yesterday, the shares fell 2.8%, which took the trading range below the 3-day low of $15.88 on volume of 55,000 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 Regis Corp and will alert subscribers who have RGS in their portfolio or watchlist when shares have changed trend direction.

Regis Corp share prices have moved between a 52-week high of $23.27 and a 52-week low of $14.50 and are now trading 8% above that low price at $15.68 per share. In the last five trading sessions, the 50-day moving average (MA) has remained constant while the 200-day MA has slid 0.2%.

Keywords: rebounders regis corp

Ticker(s): RGS