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Watch for Aimmune Therapeu to Potentially Rebound After Falling 5.76% Yesterday

By James Quinn

Aimmune Therapeu (NASDAQ:AIMT) traded in a range yesterday that spanned from a low of $22.93 to a high of $26.37. Yesterday, the shares fell 5.8%, which took the trading range below the 3-day low of $23.66 on volume of 4.2 million shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.

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

Over the past year, Aimmune Therapeu has traded in a range of $16.95 to $36.12 and is now at $23.32, 38% above that low. In the last five trading sessions, the 50-day moving average (MA) has climbed 0.9% while the 200-day MA has slid 0.4%.

Keywords: rebounders aimmune therapeu

Ticker(s): AIMT