• Return to Headlines

Williams Cos Inc Falls 2.05% on Heavy Volume: Watch For Potential Rebound

By Shiri Gupta

Williams Cos Inc (NYSE:WMB) traded in a range yesterday that spanned from a low of $23.28 to a high of $23.52. Yesterday, the shares fell 2.1%, which took the trading range below the 3-day low of $23.52 on volume of 4.3 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 Williams Cos Inc have traded between a low of $20.36 and a high of $31.96 and are now at $23.30, which is 14% above that low price. The 200-day and 50-day moving averages have moved 0.11% lower and 0.61% lower over the past week, respectively.

SmarTrend recommended that its subscribers protect gains by selling shares of Williams Cos Inc on July 25th, 2019 by issuing a Downtrend alert when the shares were trading at $26.63. Since that call, shares of Williams Cos Inc have fallen 10.3%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Keywords: rebounders williams cos inc

Ticker(s): WMB