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Watch for Lincoln Natl Crp to Potentially Rebound After Falling 1.56% Yesterday

By Nick Russo

Lincoln Natl Crp (NYSE:LNC) traded in a range yesterday that spanned from a low of $62.91 to a high of $65.26. Yesterday, the shares fell 1.6%, which took the trading range below the 3-day low of $63.97 on volume of 810,000 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 Lincoln Natl Crp and will alert subscribers who have LNC in their portfolio or watchlist when shares have changed trend direction.

Over the past year, Lincoln Natl Crp has traded in a range of $61.18 to $86.68 and is now at $63.20, 3% above that low. Over the last five market days, the 200-day moving average (MA) has gone down 0.3% while the 50-day MA has remained constant.

Keywords: rebounders lincoln natl crp

Ticker(s): LNC