• Return to Headlines

Watch for Intelsat Sa to Potentially Rebound After Falling 2.84% Yesterday

By Nick Russo

Intelsat Sa (NYSE:I) traded in a range yesterday that spanned from a low of $17.25 to a high of $17.43. Yesterday, the shares fell 2.8%, which took the trading range below the 3-day low of $17.47 on volume of 1.1 million shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.

In the past 52 weeks, Intelsat Sa share prices have been bracketed by a low of $3.55 and a high of $37.70 and are now at $17.43, 391% above that low price. The 200-day and 50-day moving averages have moved 0.18% higher and 0.69% lower over the past week, respectively.

SmarTrend is monitoring the recent change of momentum in Intelsat Sa. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of Intelsat Sa in search of a potential trend change.

Keywords: rebounders intelsat sa

Ticker(s): I