• Return to Headlines

Rpm Intl Inc Crosses Below its 10-day MA (RPM)

By Nick Russo

Today, shares of Rpm Intl Inc (NYSE:RPM) have fallen below their 10-day MA of $67.85 on a volume of 108K 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.

In the past 52 weeks, shares of Rpm Intl Inc have traded between a low of $51.95 and a high of $69.62 and are now at $67.32, which is 30% above that low price. Over the past week, the 200-day moving average (MA) has gone up 0.2% while the 50-day MA has advanced 0.9%.

SmarTrend recommended that subscribers consider buying shares of Rpm Intl Inc on June 6th, 2019 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $58.07. Since that recommendation, shares of Rpm Intl Inc have risen 17.4%. We continue to monitor RPM for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: moving crosses rpm intl inc

Ticker(s): RPM