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Bearish Moving Average Cross by Regency Centers (REG)

By Nick Russo

Regency Centers (NYSE:REG) crossed under its 10-day moving average of $58.86 on a volume of 115K shares. Swing traders may find 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 Regency Centers have traded between a low of $54.87 and a high of $85.35 and are now at $58.55, which is 7% above that low price. Over the past week, the 200-day moving average (MA) has gone up 0.4% while the 50-day MA has advanced 0.6%.

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

Keywords: moving crosses regency centers

Ticker(s): REG