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Ramco-Gershenson Crosses Above its 10-day MA (RPT)

By David Diaz

Today, shares of Ramco-Gershenson (NYSE:RPT) have crossed bullishly above their 10-day moving average of $11.93 on a volume of 132K shares. Swing traders may find an opportunity for a long position, as such a crossover often suggests higher prices in the near term.

Over the past year, Ramco-Gershenson has traded in a range of $11.15 to $14.42 and is now at $12.10, 9% above that low. Over the past week, the 200-day moving average (MA) has remained constant while the 50-day MA has declined 0.5%.

SmarTrend is tracking the current trend status for Ramco-Gershenson and will alert subscribers who have RPT in their portfolio or watchlist when shares have changed trend direction.

Keywords: moving crosses ramco-gershenson

Ticker(s): RPT