Lender Processing Services 3.01% Below its May 6th Flash Crash Low of $34.85 (LPS)

Written on Thu, 06/03/2010 – 6:19am

Lender Processing Services (NYSE:LPS) is currently trading 3.01% below its May 6th low of $34.85. Investors are looking to see if this low reached during the ‘flash crash’ can hold and signal that a double bottom has been fulfilled.
In the past 52-weeks, shares of Lender Processing Services have traded between a low of $26.33 and a high of $44.38 and are now at $33.8, which is 28.37% above that low price.
SmarTrend is bearish on shares of Lender Processing Services and our subscribers were alerted to Sell on May 07, 2010 at $35.31. The stock has fallen 4.3% since the alert was issued.

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