Realty Income Crosses Below its 10-day MA (O)
Today, shares of Realty Income (NYSE:O) have fallen below their 10-day MA of $62.16 on a volume of 170K shares. This may provide short-term investors a chance for a short position, as such a crossover often suggests lower prices in the near term.
Realty Income share prices have moved between a 52-week high of $72.29 and a 52-week low of $43.15 and are now trading 44% above that low price at $61.97 per share. Over the last five market days, the 200-day moving average (MA) has gone up 0.5% while the 50-day MA has advanced 0.2%.
SmarTrend is tracking the current trend status for Realty Income and will alert subscribers who have O in their portfolio or watchlist when shares have changed trend direction.
Keywords: moving crosses realty income