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First Republic B Bearish Moving Average Crossover Alert (FRC)

By David Diaz

First Republic B (NYSE:FRC) crossed under its 10-day moving average of $100.65 on a volume of 150K 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.

In the past 52 weeks, First Republic B share prices have been bracketed by a low of $84.56 and a high of $105.52 and are now at $100.00, 18% above that low price. Over the last five market days, the 200-day moving average (MA) has remained constant while the 50-day MA has remained constant.

SmarTrend is tracking the current trend status for First Republic B and will alert subscribers who have FRC in their portfolio or watchlist when shares have changed trend direction.

Keywords: moving crosses first republic b

Ticker(s): FRC