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Bullish Moving Average Cross by Qts Realty Tru-A (QTS)

By James Quinn

Today, shares of Qts Realty Tru-A (NYSE:QTS) have advanced above their 10-day MA of $49.19 on a volume of 100K shares. This may provide swing traders with an opportunity for a long position, as such a crossover often suggests higher prices in the near term.

In the past 52 weeks, Qts Realty Tru-A share prices have been bracketed by a low of $34.27 and a high of $50.05 and are now at $49.53, 45% above that low price. The 200-day and 50-day moving averages have moved 0.64% higher and 0.70% higher over the past week, respectively.

SmarTrend recommended that subscribers consider buying shares of Qts Realty Tru-A on August 7th, 2019 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $46.79. Since that recommendation, shares of Qts Realty Tru-A have risen 3.3%. We continue to monitor QTS for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: moving crosses qts realty tru-a

Ticker(s): QTS