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Rh Bullish Moving Average Crossover Alert (RH)

By Nick Russo

Rh (NYSE:RH) crossed over its 10-day moving average of $87.60 on a volume of 144K shares. Swing traders may find an opportunity for a long position, as such a crossover often suggests higher prices in the near term.

Rh share prices have moved between a 52-week high of $109.53 and a 52-week low of $24.41 and are now trading 262% above that low price at $88.30 per share. Over the past week, the 200-day moving average (MA) has gone down 1.6% while the 50-day MA has declined 2.1%.

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

Keywords: moving crosses

Ticker(s): RH