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Ringcentral In-A Crosses Below its 10-day MA (RNG)

By Shiri Gupta

Today, shares of Ringcentral In-A (NYSE:RNG) have fallen below their 10-day MA of $115.81 on a volume of 258K 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.

Ringcentral In-A share prices have moved between a 52-week high of $121.28 and a 52-week low of $64.41 and are now trading 78% above that low price at $114.74 per share. In the last five trading sessions, the 50-day moving average (MA) has climbed 0.8% while the 200-day MA has risen 0.6%.

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

Keywords: moving crosses ringcentral in-a

Ticker(s): RNG