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Reinsurance Group of America Crosses Above its 10-day MA (RGA)

By Nick Russo

Reinsurance Group of America (NYSE:RGA) shares have crossed bullishly above their 10-day moving average of $96.57 on a volume of 149K shares. This may provide short-term investors a chance for a long position, as such a crossover often suggests higher prices in the near term.

In the past 52 weeks, Reinsurance Group of America share prices have been bracketed by a low of $76.96 and a high of $99.83 and are now at $99.03, 29% above that low price. In the last five trading sessions, the 50-day moving average (MA) has climbed 0.4% while the 200-day MA has remained constant.

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

Keywords: moving crosses reinsurance group of america

Ticker(s): RGA