Avon Products Set to Possibly Rebound After Yesterday's Selloff of 1.54%
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[February 14, 2012]

Avon Products Set to Possibly Rebound After Yesterday's Selloff of 1.54%

Feb 14, 2012 (SmarTrend(R) News Watch via COMTEX) -- Avon Products (NYSE:AVP) traded in a range yesterday that spanned from a low of $16.87 to a high of $18.48. Yesterday, the shares fell 1.5%, which took the trading range below the 3-day low of $17.46 on volume of 22.1 million shares. Often times after large one-day declines, short-term traders may play for some degree of mean revision.


In the past 52 weeks, shares of Avon Products have traded between a low of $16.09 and a high of $31.60 and are now at $17.82, which is 11% 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 advanced 0.4%.

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


Write to Chip Brian at cbrian@mysmartrend.com --------------------------------------------------------------------------------------------- SmarTrend analyzes over 5,000 securities simultaneously throughout the trading day and provides its subscribers with trend change alerts in real time. To get a free trial of our trading calls and maximize your trading results, please visit http://www.MySmarTrend.com Get exclusive, actionable insight into how the market is expected to trend prior to market open with our free morning newsletter. Sign up at: http://www.MySmarTrend.com/signup

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