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Universal Hlth-B Set to Possibly Rebound After Yesterday's Selloff of 3.73%

By Nick Russo

Universal Hlth-B (NYSE:UHS) traded in a range yesterday that spanned from a low of $127.79 to a high of $133.52. Yesterday, the shares fell 3.7%, which took the trading range below the 3-day low of $132.10 on volume of 493,000 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 Universal Hlth-B and will alert subscribers who have UHS in their portfolio or watchlist when shares have changed trend direction.

In the past 52 weeks, shares of Universal Hlth-B have traded between a low of $109.37 and a high of $142.22 and are now at $128.79, which is 18% above that low price. The 200-day and 50-day moving averages have moved 0.22% higher and 0.05% lower over the past week, respectively.

Keywords: rebounders universal hlth-b

Ticker(s): UHS