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Regal Entertainment Group Bearish Moving Average Crossover Alert (RGC)

By James Quinn

Regal Entertainment Group (NYSE:RGC) crossed under its 10-day moving average of $21.03 on a volume of 791K 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.

Over the past year, Regal Entertainment Group has traded in a range of $16.50 to $22.72 and is now at $20.56, 25% above that low. Over the past week, the 200-day moving average (MA) has remained constant while the 50-day MA has advanced 1.1%.

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

Keywords: moving crosses regal entertainment group

Ticker(s): RGC