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Look for Shares of SPDR S&P Retail ETF to Potentially Rebound after Yesterday's 1.01% Sell Off
[April 18, 2013]

Look for Shares of SPDR S&P Retail ETF to Potentially Rebound after Yesterday's 1.01% Sell Off


Apr 18, 2013 (SmarTrend(R) News Watch via COMTEX) -- SPDR S&P Retail ETF (NYSE:XRT) traded in a range yesterday that spanned from a low of $69.35 to a high of $70.75. Yesterday, the shares fell 1.0%, which took the trading range below the 3-day low of $69.76 on volume of 5.7 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 SPDR S&P Retail ETF and will alert subscribers who have XRT in their portfolio or watchlist when shares have changed trend direction.

SPDR S&P Retail ETF share prices have moved between a 52-week high of $73.40 and a 52-week low of $55.84 and are now trading 25% above that low price at $69.66 per share. Over the past week, the 200-day moving average (MA) has gone up 0.3% while the 50-day MA has advanced 0.3%.


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

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