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Bullish Moving Average Cross by Regency Centers (REG)

By Nick Russo

Regency Centers (NYSE:REG) crossed over its 10-day moving average of $65.37 on a volume of 147K 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, Regency Centers share prices have been bracketed by a low of $55.79 and a high of $85.35 and are now at $65.58, 18% above that low price. The 200-day and 50-day moving averages have moved 0.40% higher and 0.64% higher over the past week, respectively.

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