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

By Amy Schwartz

Today, shares of Camden Property Trust (NYSE:CPT) have fallen below their 10-day MA of $86.22 on a volume of 135K shares. This may provide swing traders with an opportunity for a short position, as such a crossover often suggests lower prices in the near term.

Camden Property Trust share prices have moved between a 52-week high of $90.91 and a 52-week low of $67.27 and are now trading 27% above that low price at $85.45 per share. In the last five trading sessions, the 50-day moving average (MA) has climbed 0.9% while the 200-day MA has remained constant.

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

Keywords: moving crosses Camden Property Trust

Ticker(s): CPT