• Return to Headlines

SmarTrend Watching for Potential Rebound in Shares of Kinder Morgan In After 2.80% Loss

By Shiri Gupta

Kinder Morgan In (NYSE:KMI) traded in a range yesterday that spanned from a low of $18.40 to a high of $19.28. Yesterday, the shares fell 2.8%, which took the trading range below the 3-day low of $19.63 on volume of 10.6 million 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 Kinder Morgan In and will alert subscribers who have KMI in their portfolio or watchlist when shares have changed trend direction.

In the past 52 weeks, shares of Kinder Morgan In have traded between the current low of $18.82 and a high of $22.58 and are now at $19.11. Over the last five market days, the 200-day moving average (MA) has remained constant while the 50-day MA has advanced 0.2%.

Keywords: rebounders kinder morgan in

Ticker(s): KMI