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Regal Entertainment Group Bearish Moving Average Crossover Alert (RGC)

By David Diaz

Today, shares of Regal Entertainment Group (NYSE:RGC) have fallen below their 10-day MA of $20.63 on a volume of 270K 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.

In the past 52 weeks, shares of Regal Entertainment Group have traded between a low of $16.50 and a high of $24.79 and are now at $20.39, which is 24% above that low price. In the last five trading sessions, the 50-day moving average (MA) has climbed 0.7% while the 200-day MA has remained constant.

SmarTrend is tracking the current trend status for Regal Entertainment Group and will alert subscribers who have RGC in their portfolio or watchlist when shares have changed trend direction.

Keywords: moving crosses regal entertainment group

Ticker(s): RGC