• Return to Headlines

Watch for Equifax Inc to Potentially Rebound After Falling 1.66% Yesterday

By James Quinn

Equifax Inc (NYSE:EFX) traded in a range yesterday that spanned from a low of $102.01 to a high of $103.96. Yesterday, the shares fell 1.7%, which took the trading range below the 3-day low of $102.73 on volume of 233,000 shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.

Equifax Inc share prices have moved between a 52-week high of $138.69 and a 52-week low of $90.54 and are now trading 13% above that low price at $102.52 per share. In the last five trading sessions, the 50-day moving average (MA) has fallen 1.4% while the 200-day MA has slid 0.3%.

SmarTrend recommended that its subscribers protect gains by selling shares of Equifax Inc on September 27th, 2018 by issuing a Downtrend alert when the shares were trading at $130.71. Since that call, shares of Equifax Inc have fallen 20.5%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Keywords: rebounders equifax inc

Ticker(s): EFX