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Watch for Whirlpool Corp to Potentially Rebound After Falling 2.16% Yesterday

By Nick Russo

Whirlpool Corp (NYSE:WHR) traded in a range yesterday that spanned from a low of $127.21 to a high of $130.08. Yesterday, the shares fell 2.2%, which took the trading range below the 3-day low of $130.37 on volume of 364,000 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 Whirlpool Corp and will alert subscribers who have WHR in their portfolio or watchlist when shares have changed trend direction.

In the past 52 weeks, Whirlpool Corp share prices have been bracketed by a low of $122.81 and a high of $190.73 and are now at $128.07, 4% above that low price. In the last five trading sessions, the 50-day moving average (MA) has fallen 1% while the 200-day MA has slid 0.6%.

Keywords: rebounders whirlpool corp

Ticker(s): WHR