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Rollins Inc Crosses Below its 10-day MA (ROL)

By Shiri Gupta

Rollins Inc (NYSE:ROL) crossed under its 10-day moving average of $32.80 on a volume of 118K shares. Swing traders may find an opportunity for a short position, as such a crossover often suggests lower prices in the near term.

Over the past year, Rollins Inc has traded in a range of $31.80 to $43.91 and is now at $32.52, 2% above that low. Over the past week, the 200-day moving average (MA) has gone down 0.3% while the 50-day MA has declined 1.1%.

SmarTrend recommended that its subscribers protect gains by selling shares of Rollins Inc on June 26th, 2019 by issuing a Downtrend alert when the shares were trading at $34.72. Since that call, shares of Rollins Inc have fallen 4.9%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Keywords: moving crosses rollins inc

Ticker(s): ROL