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Westrock Co Set to Possibly Rebound After Yesterday's Selloff of 6.56%

By James Quinn

Westrock Co (NYSE:WRK) traded in a range yesterday that spanned from a low of $35.21 to a high of $37.22. Yesterday, the shares fell 6.6%, which took the trading range below the 3-day low of $38.70 on volume of 4.4 million shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.

In the past 52 weeks, shares of Westrock Co have traded between a low of $35.20 and a high of $67.01 and are now at $35.62, which is 1% above that low price. Over the last five market days, the 200-day moving average (MA) has gone down 0.6% while the 50-day MA has declined 0.2%.

SmarTrend is tracking the current trend status for Westrock Co and will alert subscribers who have WRK in their portfolio or watchlist when shares have changed trend direction.

Keywords: rebounders westrock co

Ticker(s): WRK