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Camden Property Trust Crosses Above its 10-day MA (CPT)

By Nick Russo

Camden Property Trust (NYSE:CPT) crossed over its 10-day moving average of $87.00 on a volume of 277K 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, Camden Property Trust share prices have been bracketed by a low of $67.27 and a high of $90.91 and are now at $88.86, 32% above that low price. Over the past week, the 200-day moving average (MA) has remained constant while the 50-day MA has advanced 0.9%.

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

Keywords: moving crosses Camden Property Trust

Ticker(s): CPT