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Regal Entertainment Group Crosses Below its 10-day MA (RGC)

By Amy Schwartz

Regal Entertainment Group (NYSE:RGC) shares have crossed bearishly below their 10-day moving average of $22.74 on a volume of 264K 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.

Regal Entertainment Group share prices have moved between a 52-week high of $24.19 and a 52-week low of $16.50 and are now trading 36% above that low price at $22.50 per share. The 200-day and 50-day moving averages have moved 0.12% higher and 0.68% higher over the past week, respectively.

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