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After Yesterday's Decline of 2.31%, Williams Cos Inc Offers Investors Better Value

By Shiri Gupta

Williams Cos Inc (NYSE:WMB) traded in a range yesterday that spanned from a low of $18.58 to a high of $19.07. Yesterday, the shares fell 2.3%, which took the trading range below the 3-day low of $19.05 on volume of 7.2 million shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.

Over the past year, Williams Cos Inc has traded in a range of $8.41 to $29.06 and is now at $18.66, 122% above that low. The 200-day and 50-day moving averages have moved 0.48% lower and 0.13% higher over the past week, respectively.

SmarTrend is tracking the current trend status for Williams Cos Inc and will alert subscribers who have WMB in their portfolio or watchlist when shares have changed trend direction.

Keywords: rebounders williams cos inc

Ticker(s): WMB