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Watch for Fiserv Inc to Potentially Rebound After Falling 1.57% Yesterday

By Nick Russo

Fiserv Inc (NASDAQ:FISV) traded in a range yesterday that spanned from a low of $85.15 to a high of $85.59. Yesterday, the shares fell 1.6%, which took the trading range below the 3-day low of $85.25 on volume of 2.1 million shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.

Fiserv Inc share prices have moved between a 52-week high of $91.19 and a 52-week low of $68.43 and are now trading 24% above that low price at $85.19 per share. In the last five trading sessions, the 50-day moving average (MA) has climbed 0.2% while the 200-day MA has risen 0.2%.

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

Keywords: rebounders fiserv inc

Ticker(s): FISV