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SmarTrend Watching for Potential Rebound in Shares of Sba Comm Corp After 1.67% Loss

By Amy Schwartz

Sba Comm Corp (NASDAQ:SBAC) traded in a range yesterday that spanned from a low of $199.72 to a high of $203.45. Yesterday, the shares fell 1.7%, which took the trading range below the 3-day low of $200.68 on volume of 157,000 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 Sba Comm Corp and will alert subscribers who have SBAC in their portfolio or watchlist when shares have changed trend direction.

Over the past year, Sba Comm Corp has traded in a range of $146.13 to $204.34 and is now at $200.23, 37% above that low. In the last five trading sessions, the 50-day moving average (MA) has climbed 0.7% while the 200-day MA has risen 0.4%.

Keywords: rebounders sba comm corp

Ticker(s): SBAC