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Rowan Companie-A Bullish Moving Average Crossover Alert (RDC)

By Shiri Gupta

Today, shares of Rowan Companie-A (NYSE:RDC) have advanced above their 10-day MA of $15.04 on a volume of 990K shares. Swing traders may find an opportunity for a long position, as such a crossover often suggests higher prices in the near term.

Rowan Companie-A share prices have moved between a 52-week high of $17.33 and a 52-week low of $9.02 and are now trading 69% above that low price at $15.25 per share. Over the past week, the 200-day moving average (MA) has gone up 0.7% while the 50-day MA has advanced 0.5%.

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

Keywords: moving crosses rowan companie-a

Ticker(s): RDC