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After Yesterday's Decline of 1.20%, Whole Foods Market Offers Investors Better Value
Mar 08, 2013 (SmarTrend(R) News Watch via COMTEX) --
Whole Foods Market (NASDAQ:WFM) traded in a range yesterday that spanned from a low of $84.72 to a high of $86.79. Yesterday, the shares fell 1.2%, which took the trading range below the 3-day low of $84.80 on volume of 1.9 million shares. Often times after large one-day declines, short-term traders may play for some degree of mean revision.
SmarTrend is tracking the current trend status for Whole Foods Market and will alert subscribers who have WFM in their portfolio or watchlist when shares have changed trend direction.
Whole Foods Market share prices have moved between a 52-week high of $101.86 and a 52-week low of $53.32 and are now trading 59% above that low price at $85.02 per share. The 200-day and 50-day moving averages have moved 0.01% lower and 0.5% lower over the past week, respectively.
Write to Chip Brian at cbrian@mysmartrend.com
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