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Edwards Life Falls 1.42% on Heavy Volume: Watch For Potential Rebound

By James Quinn

Edwards Life (NYSE:EW) traded in a range yesterday that spanned from a low of $215.08 to a high of $220.74. Yesterday, the shares fell 1.4%, which took the trading range below the 3-day low of $216.80 on volume of 513,000 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 Edwards Life and will alert subscribers who have EW in their portfolio or watchlist when shares have changed trend direction.

Edwards Life share prices have moved between a 52-week high of $247.64 and a 52-week low of $154.52 and are now trading 39% above that low price at $215.20 per share. The 200-day and 50-day moving averages have moved 0.05% higher and 0.33% higher over the past week, respectively.

Keywords: rebounders edwards life

Ticker(s): EW