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Brookdale Sr Falls 2.34% on Heavy Volume: Watch For Potential Rebound

By Shiri Gupta

Brookdale Sr (NYSE:BKD) traded in a range yesterday that spanned from a low of $3.13 to a high of $3.34. Yesterday, the shares fell 2.3%, which took the trading range below the 3-day low of $3.14 on volume of 155,000 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 Brookdale Sr and will alert subscribers who have BKD in their portfolio or watchlist when shares have changed trend direction.

Over the past year, Brookdale Sr has traded in a range of $1.47 to $8.80 and is now at $3.13, 113% above that low. The 200-day and 50-day moving averages have moved 0.83% lower and 4.33% lower over the past week, respectively.

Keywords: rebounders brookdale sr

Ticker(s): BKD