• Return to Headlines

Vectren Corp Set to Possibly Rebound After Yesterday's Selloff of 2.13%

By James Quinn

Vectren Corp (NYSE:VVC) traded in a range yesterday that spanned from a low of $59.86 to a high of $60.69. Yesterday, the shares fell 2.1%, which took the trading range below the 3-day low of $60.31 on volume of 155,000 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 Vectren Corp have traded between a low of $46.52 and a high of $62.79 and are now at $60.04, which is 29% above that low price. The 200-day and 50-day moving averages have moved 0.42% higher and 0.63% higher over the past week, respectively.

SmarTrend is monitoring the recent change of momentum in Vectren Corp. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of Vectren Corp in search of a potential trend change.

Keywords: rebounders vectren corp

Ticker(s): VVC