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Evercore Partners Inc (EVR-N) Quote - Press Release

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Look for Shares of Evercore Partn-A to Potentially Rebound after Yesterday's 3.58% Sell Off

Comtex SmarTrend(R) - Wed Oct 30, 12:44PM CDT

Evercore Partn-A (NYSE:EVR) traded in a range yesterday that spanned from a low of $73.19 to a high of $75.60. Yesterday, the shares fell 3.6%, which took the trading range below the 3-day low of $74.16 on volume of 92,000 shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.

Over the past year, Evercore Partn-A has traded in a range of $64.37 to $98.90 and is now at $73.54, 14% above that low. Over the last five market days, the 200-day moving average (MA) has remained constant while the 50-day MA has remained constant.

SmarTrend is tracking the current trend status for Evercore Partn-A and will alert subscribers who have EVR in their portfolio or watchlist when shares have changed trend direction.

Write to SmarTrend at cs@mysmartrend.com

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