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Bullish Moving Average Cross by Republic Services (RSG)

By Nick Russo

Today, shares of Republic Services (NYSE:RSG) have crossed bullishly above their 10-day moving average of $50.92 on a volume of 215K shares. This may provide short-term investors a chance for a long position, as such a crossover often suggests higher prices in the near term.

Over the past year, Republic Services has traded in a range of $38.99 to $52.92 and is now at $51.07, 31% above that low. Over the past week, the 200-day moving average (MA) has gone up 0.3% while the 50-day MA has advanced 0.3%.

SmarTrend is tracking the current trend status for Republic Services and will alert subscribers who have RSG in their portfolio or watchlist when shares have changed trend direction.

Keywords: moving crosses Republic Services

Ticker(s): RSG