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Watch for Kohls Corp to Potentially Rebound After Falling 1.52% Yesterday

By James Quinn

Kohls Corp (NYSE:KSS) traded in a range yesterday that spanned from a low of $80.02 to a high of $81.71. Yesterday, the shares fell 1.5%, which took the trading range below the 3-day low of $80.32 on volume of 902,000 shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.

In the past 52 weeks, Kohls Corp share prices have been bracketed by a low of $37.97 and a high of $82.42 and are now at $80.21, 111% above that low price. Over the last five market days, the 200-day moving average (MA) has gone up 0.8% while the 50-day MA has advanced 0.7%.

SmarTrend recommended that subscribers consider buying shares of Kohls Corp on July 19th, 2018 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $73.68. Since that recommendation, shares of Kohls Corp have risen 10.5%. We continue to monitor KSS for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: rebounders kohls corp

Ticker(s): KSS