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Watch for O'Reilly Automot to Potentially Rebound After Falling 1.03% Yesterday

By David Diaz

O'Reilly Automot (:ORLY) traded in a range yesterday that spanned from a low of $417.60 to a high of $420.79. Yesterday, the shares fell 1.0%, which took the trading range below the 3-day low of $423.91 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 O'Reilly Automot and will alert subscribers who have ORLY in their portfolio or watchlist when shares have changed trend direction.

O'Reilly Automot share prices have moved between a 52-week high of $448.53 and a 52-week low of $169.43 and are now trading 148% above that low price at $419.78 per share. In the last five trading sessions, the 50-day moving average (MA) has fallen 0.2% while the 200-day MA has remained constant.

Keywords: rebounders :orly o'reilly automot

Ticker(s): ORLY