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Bullish Moving Average Cross by Republic Services (RSG)

By Nick Russo

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

Ticker(s): RSG