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Vishay Intertech Falls 2.15% on Heavy Volume: Watch For Potential Rebound

By James Quinn

Vishay Intertech (NYSE:VSH) traded in a range yesterday that spanned from a low of $19.92 to a high of $19.98. Yesterday, the shares fell 2.2%, which took the trading range below the 3-day low of $19.98 on volume of 424,000 shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.

Vishay Intertech share prices have moved between a 52-week high of $26.50 and a 52-week low of $16.63 and are now trading 20% above that low price at $19.98 per share. Over the last five market days, the 200-day moving average (MA) has remained constant while the 50-day MA has advanced 0.9%.

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

Keywords: rebounders vishay intertech

Ticker(s): VSH