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SmarTrend Watching for Potential Rebound in Shares of Westrock Co After 2.73% Loss

By James Quinn

Westrock Co (NYSE:WRK) traded in a range yesterday that spanned from a low of $59.95 to a high of $61.65. Yesterday, the shares fell 2.7%, which took the trading range below the 3-day low of $60.05 on volume of 557,000 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 Westrock Co and will alert subscribers who have WRK in their portfolio or watchlist when shares have changed trend direction.

In the past 52 weeks, shares of Westrock Co have traded between a low of $54.05 and a high of $71.55 and are now at $60.05, which is 11% above that low price. The 200-day and 50-day moving averages have moved 0.16% higher and 0.16% lower over the past week, respectively.

Keywords: rebounders westrock co

Ticker(s): WRK