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Watch for Fmc Corp to Potentially Rebound After Falling 1.27% Yesterday

By David Diaz

Fmc Corp (NYSE:FMC) traded in a range yesterday that spanned from a low of $77.48 to a high of $77.71. Yesterday, the shares fell 1.3%, which took the trading range below the 3-day low of $77.84 on volume of 312,000 shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.

SmarTrend recommended that subscribers consider buying shares of Fmc Corp on January 4th, 2019 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $75.82. Since that recommendation, shares of Fmc Corp have risen 3.5%. We continue to monitor FMC for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

In the past 52 weeks, Fmc Corp share prices have been bracketed by a low of $69.36 and a high of $92.95 and are now at $77.48, 12% above that low price. The 200-day and 50-day moving averages have moved 0.23% lower and 0.42% higher over the past week, respectively.

Keywords: rebounders fmc corp

Ticker(s): FMC