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Watch for Hill-Rom Holding to Potentially Rebound After Falling 3.14% Yesterday

By Amy Schwartz

Hill-Rom Holding (NYSE:HRC) traded in a range yesterday that spanned from a low of $97.02 to a high of $100.75. Yesterday, the shares fell 3.1%, which took the trading range below the 3-day low of $99.48 on volume of 438,000 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 Hill-Rom Holding and will alert subscribers who have HRC in their portfolio or watchlist when shares have changed trend direction.

In the past 52 weeks, shares of Hill-Rom Holding have traded between a low of $81.82 and a high of $109.18 and are now at $98.00, which is 20% above that low price. In the last five trading sessions, the 50-day moving average (MA) has fallen 0.4% while the 200-day MA has risen 0.2%.

Keywords: rebounders hill-rom holding

Ticker(s): HRC