Bullish Moving Average Cross by Regency Centers (REG)
Regency Centers (NYSE:REG) crossed over its 10-day moving average of $79.13 on a volume of 309K shares. Swing traders may find an opportunity for a long position, as such a crossover often suggests higher prices in the near term.
Over the past year, Regency Centers has traded in a range of $55.79 to $80.24 and is now at $80.03, 43% above that low. 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 tracking the current trend status for Regency Centers and will alert subscribers who have REG in their portfolio or watchlist when shares have changed trend direction.
Keywords: moving crosses regency centers