• Return to Headlines

Watch for Paccar Inc to Potentially Rebound After Falling 1.17% Yesterday

By James Quinn

Paccar Inc (NASDAQ:PCAR) traded in a range yesterday that spanned from a low of $63.03 to a high of $64.10. Yesterday, the shares fell 1.2%, which took the trading range below the 3-day low of $63.52 on volume of 570,000 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 Paccar Inc and will alert subscribers who have PCAR in their portfolio or watchlist when shares have changed trend direction.

In the past 52 weeks, Paccar Inc share prices have been bracketed by a low of $59.82 and a high of $79.69 and are now at $63.55, 6% above that low price. In the last five trading sessions, the 50-day moving average (MA) has remained constant while the 200-day MA has slid 0.3%.

Keywords: rebounders paccar inc

Ticker(s): PCAR