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Bullish Moving Average Cross by Sunrun Inc (RUN)

By James Quinn

Today, shares of Sunrun Inc (NASDAQ:RUN) have advanced above their 10-day MA of $12.67 on a volume of 185K shares. This may provide swing traders with an opportunity for a long position, as such a crossover often suggests higher prices in the near term.

In the past 52 weeks, Sunrun Inc share prices have been bracketed by a low of $4.21 and a high of $16.45 and are now at $12.95, 208% above that low price. Over the last five market days, the 200-day moving average (MA) has gone up 1.1% while the 50-day MA has declined 0.8%.

SmarTrend recommended that its subscribers protect gains by selling shares of Sunrun Inc on July 30th, 2018 by issuing a Downtrend alert when the shares were trading at $14.21. Since that call, shares of Sunrun Inc have fallen 11.6%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Keywords: moving crosses sunrun inc

Ticker(s): RUN