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Watch for Exelon Corp to Potentially Rebound After Falling 1.48% Yesterday

By James Quinn

Exelon Corp (NYSE:EXC) traded in a range yesterday that spanned from a low of $47.16 to a high of $47.79. Yesterday, the shares fell 1.5%, which took the trading range below the 3-day low of $47.85 on volume of 3.0 million shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.

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

Over the past year, Exelon Corp has traded in a range of $42.19 to $51.18 and is now at $47.23, 12% above that low. Over the last five market days, the 200-day moving average (MA) has remained constant while the 50-day MA has declined 0.2%.

Keywords: rebounders exelon corp

Ticker(s): EXC