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Watch for Sba Comm Corp to Potentially Rebound After Falling 2.18% Yesterday

By Shiri Gupta

Sba Comm Corp (NASDAQ:SBAC) traded in a range yesterday that spanned from a low of $148.02 to a high of $153.43. Yesterday, the shares fell 2.2%, which took the trading range below the 3-day low of $152.29 on volume of 460,000 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 Sba Comm Corp and will alert subscribers who have SBAC in their portfolio or watchlist when shares have changed trend direction.

In the past 52 weeks, shares of Sba Comm Corp have traded between a low of $145.81 and a high of $177.67 and are now at $148.52, which is 2% above that low price. Over the past week, the 200-day moving average (MA) has remained constant while the 50-day MA has declined 0.2%.

Keywords: rebounders sba comm corp

Ticker(s): SBAC