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Smith (A.O.)Corp Set to Possibly Rebound After Yesterday's Selloff of 1.29%

By Shiri Gupta

Smith (A.O.)Corp (NYSE:AOS) traded in a range yesterday that spanned from a low of $46.63 to a high of $47.21. Yesterday, the shares fell 1.3%, which took the trading range below the 3-day low of $46.95 on volume of 767,000 shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.

SmarTrend is monitoring the recent change of momentum in Smith (A.O.)Corp. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of Smith (A.O.)Corp in search of a potential trend change.

In the past 52 weeks, shares of Smith (A.O.)Corp have traded between a low of $40.38 and a high of $56.66 and are now at $46.24, which is 15% above that low price. Over the last five market days, the 200-day moving average (MA) has gone down 0.2% while the 50-day MA has declined 0.3%.

Keywords: rebounders smith (a.o.)corp

Ticker(s): AOS