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After Yesterday's Decline of 1.64%, Aflac Inc Offers Investors Better Value

By Amy Schwartz

Aflac Inc (NYSE:AFL) traded in a range yesterday that spanned from a low of $34.83 to a high of $35.61. Yesterday, the shares fell 1.6%, which took the trading range below the 3-day low of $34.84 on volume of 670,000 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 Aflac Inc and will alert subscribers who have AFL in their portfolio or watchlist when shares have changed trend direction.

In the past 52 weeks, Aflac Inc share prices have been bracketed by a low of $23.07 and a high of $57.18 and are now at $34.83, 51% above that low price. In the last five trading sessions, the 50-day moving average (MA) has fallen 1.5% while the 200-day MA has slid 0.6%.

Keywords: rebounders aflac inc

Ticker(s): AFL