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Bearish Moving Average Cross by Realty Income (O)

By James Quinn

Today, shares of Realty Income (NYSE:O) have fallen below their 10-day MA of $69.81 on a volume of 6.8 million shares. This may provide swing traders with an opportunity for a short position, as such a crossover often suggests lower prices in the near term.

In the past 52 weeks, shares of Realty Income have traded between a low of $51.18 and a high of $74.14 and are now at $67.48, which is 32% above that low price. In the last five trading sessions, the 50-day moving average (MA) has remained constant while the 200-day MA has risen 0.4%.

SmarTrend is tracking the current trend status for Realty Income and will alert subscribers who have O in their portfolio or watchlist when shares have changed trend direction.

Keywords: moving crosses realty income

Ticker(s): O