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Bullish Moving Average Cross by Realogy Holdings (RLGY)

By David Diaz

Today, shares of Realogy Holdings (NYSE:RLGY) have crossed bullishly above their 10-day moving average of $5.62 on a volume of 19.2 million shares. Swing traders may find an opportunity for a long position, as such a crossover often suggests higher prices in the near term.

In the past 52 weeks, Realogy Holdings share prices have been bracketed by a low of $5.06 and a high of $24.87 and are now at $6.05, 20% above that low price. Over the last five market days, the 200-day moving average (MA) has gone down 1.7% while the 50-day MA has declined 2.7%.

SmarTrend recommended that its subscribers protect gains by selling shares of Realogy Holdings on January 24th, 2019 by issuing a Downtrend alert when the shares were trading at $16.35. Since that call, shares of Realogy Holdings have fallen 68.3%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Keywords: moving crosses realogy holdings

Ticker(s): RLGY