• Return to Headlines

Svb Financial Gr Falls 1.04% on Heavy Volume: Watch For Potential Rebound

By Amy Schwartz

Svb Financial Gr (NASDAQ:SIVB) traded in a range yesterday that spanned from a low of $170.27 to a high of $174.62. Yesterday, the shares fell 1.0%, which took the trading range below the 3-day low of $172.55 on volume of 202,000 shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.

In the past 52 weeks, shares of Svb Financial Gr have traded between a low of $82.90 and a high of $198.83 and are now at $170.85, which is 106% above that low price. In the last five trading sessions, the 50-day moving average (MA) has climbed 1.2% while the 200-day MA has slid 0.8%.

SmarTrend is tracking the current trend status for Svb Financial Gr and will alert subscribers who have SIVB in their portfolio or watchlist when shares have changed trend direction.

Keywords: rebounders svb financial gr

Ticker(s): SIVB