• Return to Headlines

Watch for Aimmune Therapeu to Potentially Rebound After Falling 2.63% Yesterday

By David Diaz

Aimmune Therapeu (NASDAQ:AIMT) traded in a range yesterday that spanned from a low of $27.46 to a high of $28.24. Yesterday, the shares fell 2.6%, which took the trading range below the 3-day low of $28.34 on volume of 190,000 shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.

In the past 52 weeks, Aimmune Therapeu share prices have been bracketed by a low of $16.95 and a high of $31.83 and are now at $27.57, 63% above that low price. In the last five trading sessions, the 50-day moving average (MA) has climbed 2.4% while the 200-day MA has risen 0.4%.

SmarTrend is tracking the current trend status for Aimmune Therapeu and will alert subscribers who have AIMT in their portfolio or watchlist when shares have changed trend direction.

Keywords: rebounders aimmune therapeu

Ticker(s): AIMT