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Watch for First Horizon Na to Potentially Rebound After Falling 1.29% Yesterday

By James Quinn

First Horizon Na (NYSE:FHN) traded in a range yesterday that spanned from a low of $17.13 to a high of $17.53. Yesterday, the shares fell 1.3%, which took the trading range below the 3-day low of $17.37 on volume of 921,000 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 First Horizon Na and will alert subscribers who have FHN in their portfolio or watchlist when shares have changed trend direction.

In the past 52 weeks, shares of First Horizon Na have traded between a low of $12.46 and a high of $20.84 and are now at $17.15, which is 38% above that low price. The 200-day and 50-day moving averages have moved 0.3% lower and 1.02% higher over the past week, respectively.

Keywords: rebounders first horizon na

Ticker(s): FHN