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RPC Bullish Moving Average Crossover Alert (RES)

By Nick Russo

Today, shares of RPC (NYSE:RES) have advanced above their 10-day MA of $14.63 on a volume of 678K shares. This may provide swing traders with an opportunity for a long position, as such a crossover often suggests higher prices in the near term.

In the past 52 weeks, shares of RPC have traded between a low of $8.45 and a high of $16.84 and are now at $14.95, which is 77% above that low price. The 200-day and 50-day moving averages have moved 0.25% higher and 0.56% higher over the past week, respectively.

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

Keywords: moving crosses

Ticker(s): RES RPC