• Return to Headlines

Bullish Moving Average Cross by Realty Income (O)

By David Diaz

Today, shares of Realty Income (NYSE:O) have crossed bullishly above their 10-day moving average of $57.47 on a volume of 233K shares. Swing traders may find an opportunity for a long position, as such a crossover often suggests higher prices in the near term.

Realty Income share prices have moved between a 52-week high of $72.30 and a 52-week low of $52.72 and are now trading 9% above that low price at $57.70 per share. In the last five trading sessions, the 50-day moving average (MA) has climbed 0.2% while the 200-day MA has risen 0.5%.

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