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SmarTrend Watching for Potential Rebound in Shares of Dentsply Sirona After 3.64% Loss

By Amy Schwartz

Dentsply Sirona (NASDAQ:XRAY) traded in a range yesterday that spanned from a low of $38.93 to a high of $40.33. Yesterday, the shares fell 3.6%, which took the trading range below the 3-day low of $39.97 on volume of 897,000 shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.

In the past 52 weeks, shares of Dentsply Sirona have traded between a low of $31.58 and a high of $60.87 and are now at $39.17, which is 24% above that low price. Over the past week, the 200-day moving average (MA) has gone down 0.8% while the 50-day MA has declined 3%.

SmarTrend is tracking the current trend status for Dentsply Sirona and will alert subscribers who have XRAY in their portfolio or watchlist when shares have changed trend direction.

Keywords: rebounders dentsply sirona

Ticker(s): XRAY