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Camden Prop Tr Crosses Above its 10-day MA (CPT)

By Nick Russo

Today, shares of Camden Prop Tr (NYSE:CPT) have crossed bullishly above their 10-day moving average of $104.29 on a volume of 102K 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, Camden Prop Tr share prices have been bracketed by a low of $83.67 and a high of $110.42 and are now at $104.47, 25% above that low price. Over the last five market days, the 200-day moving average (MA) has gone up 0.2% while the 50-day MA has remained constant.

SmarTrend is monitoring the recent change of momentum in Camden Prop Tr. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of Camden Prop Tr in search of a potential trend change.

Keywords: moving crosses camden prop tr

Ticker(s): CPT