Bullish Moving Average Cross by Republic Services (RSG)
Republic Services (NYSE:RSG) shares have crossed bullishly above their 10-day moving average of $49.83 on a volume of 153K 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, Republic Services share prices have been bracketed by a low of $38.99 and a high of $52.92 and are now at $50.14, 29% above that low price. Over the last five market days, 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