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St Joe Co Set to Possibly Rebound After Yesterday's Selloff of 2.37%

By Amy Schwartz

St Joe Co (NYSE:JOE) traded in a range yesterday that spanned from a low of $18.52 to a high of $18.64. Yesterday, the shares fell 2.4%, which took the trading range below the 3-day low of $18.89 on volume of 142,000 shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.

In the past 52 weeks, St Joe Co share prices have been bracketed by a low of $12.63 and a high of $19.82 and are now at $18.54, 47% above that low price. Over the past week, the 200-day moving average (MA) has gone up 0.3% while the 50-day MA has advanced 0.6%.

SmarTrend is tracking the current trend status for St Joe Co and will alert subscribers who have JOE in their portfolio or watchlist when shares have changed trend direction.

Keywords: rebounders st joe co

Ticker(s): JOE