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Zebra Tech Corp Set to Possibly Rebound After Yesterday's Selloff of 6.18%

By James Quinn

Zebra Tech Corp (NASDAQ:ZBRA) traded in a range yesterday that spanned from a low of $226.18 to a high of $237.75. Yesterday, the shares fell 6.2%, which took the trading range below the 3-day low of $245.11 on volume of 865,000 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 Zebra Tech Corp and will alert subscribers who have ZBRA in their portfolio or watchlist when shares have changed trend direction.

In the past 52 weeks, shares of Zebra Tech Corp have traded between a low of $140.95 and a high of $260.30 and are now at $232.55, which is 65% above that low price. Over the past week, the 200-day moving average (MA) has remained constant while the 50-day MA has remained constant.

Keywords: rebounders zebra tech corp

Ticker(s): ZBRA