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Watch for Natl Beverage to Potentially Rebound After Falling 16.34% Yesterday

By David Diaz

Natl Beverage (NASDAQ:FIZZ) traded in a range yesterday that spanned from a low of $39.37 to a high of $40.46. Yesterday, the shares fell 16.3%, which took the trading range below the 3-day low of $40.43 on volume of 97,000 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 Natl Beverage and will alert subscribers who have FIZZ in their portfolio or watchlist when shares have changed trend direction.

Natl Beverage share prices have moved between a 52-week high of $103.61 and a 52-week low of $38.28 and are now trading 5% above that low price at $40.28 per share. Over the past week, the 200-day moving average (MA) has gone down 1.4% while the 50-day MA has advanced 0.5%.

Keywords: rebounders natl beverage

Ticker(s): FIZZ