• Return to Headlines

Watch for Express Inc to Potentially Rebound After Falling 3.31% Yesterday

By James Quinn

Express Inc (NYSE:EXPR) traded in a range yesterday that spanned from a low of $7.12 to a high of $7.91. Yesterday, the shares fell 3.3%, which took the trading range below the 3-day low of $7.23 on volume of 4.3 million shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.

SmarTrend recommended that its subscribers protect gains by selling shares of Express Inc on January 4th, 2018 by issuing a Downtrend alert when the shares were trading at $9.34. Since that call, shares of Express Inc have fallen 20.8%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Over the past year, Express Inc has traded in a range of $5.28 to $16.38 and is now at $7.18, 36% above that low. Over the past week, the 200-day moving average (MA) has remained constant while the 50-day MA has advanced 0.3%.

Keywords: rebounders express inc

Ticker(s): EXPR