TMCnet News
LivePerson Set to Possibly Rebound After Yesterday's Selloff of 36.31%May 09, 2013 (SmarTrend(R) News Watch via COMTEX) -- LivePerson (NASDAQ:LPSN) traded in a range yesterday that spanned from a low of $8.03 to a high of $9.95. Yesterday, the shares fell 36.3%, which took the trading range below the 3-day low of $12.60 on volume of 10.8 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 LivePerson and will alert subscribers who have LPSN in their portfolio or watchlist when shares have changed trend direction. In the past 52 weeks, LivePerson share prices have been bracketed by a current low of $8.03 and a high of $19.60 and are now at $8.12. Over the past week, the 200-day moving average (MA) has gone down 0.6% while the 50-day MA has declined 0.6%. Write to Chip Brian at [email protected] --------------------------------------------------------------------------------------------- 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 |
