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

By Shiri Gupta

Today, shares of Camden Prop Tr (NYSE:CPT) have crossed bullishly above their 10-day moving average of $94.48 on a volume of 183K 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, Camden Prop Tr has traded in a range of $78.19 to $95.67 and is now at $94.77, 21% above that low. In the last five trading sessions, the 50-day moving average (MA) has climbed 0.2% while the 200-day MA has remained constant.

SmarTrend is tracking the current trend status for Camden Prop Tr and will alert subscribers who have CPT in their portfolio or watchlist when shares have changed trend direction.

Keywords: moving crosses camden prop tr

Ticker(s): CPT