Return to News Categories

ALL NEWS SECTIONS:
MOST POPULAR SECTIONS:
Commentary and Educational Cattle - Hogs / Livestock News Currencies News Energy News Grain News Index News Interest Futures News Metals Futures News Reports: Crops, CFTC, etc Soft Commodities News

Futures and Commodity Market News

Discovery Comm-A Set to Possibly Rebound After Yesterday's Selloff of 2.78%

Feb 09, 2018 (SmarTrend(R) News Watch via COMTEX) --

Discovery Comm-A (NASDAQ:DISCA) traded in a range yesterday that spanned from a low of $21.98 to a high of $22.98. Yesterday, the shares fell 2.8%, which took the trading range below the 3-day low of $22.15 on volume of 2.4 million shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.

Discovery Comm-A share prices have moved between a 52-week high of $30.25 and a 52-week low of $15.99 and are now trading 39% above that low price at $22.29 per share. Over the last five market days, the 200-day moving average (MA) has gone down 0.4% while the 50-day MA has advanced 0.5%.

SmarTrend is monitoring the recent change of momentum in Discovery Comm-A. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of Discovery Comm-A in search of a potential trend change.

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

Copyright, Comtex News Network, Inc. 2018

Please read the End User Agreement.
By accessing this page, you agree to the terms and conditions of the End User Agreement.

News provided by COMTEX.

Lt Crude 61.22
Nat Gas 2.582
Corn 366
Cotton #2 79.59
Gold 1331.2
Copper 3.1750
Euro 1.23410
USD Index 89.780
SP500 E-mini 2711.75
DJIA E-mini 24917
close_icon
open_icon