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RR Donnelley Bullish Moving Average Crossover Alert (RRD)

By Shiri Gupta

RR Donnelley (NYSE:RRD) shares have crossed bullishly above their 10-day moving average of $12.20 on a volume of 181K shares. This may provide short-term investors a chance for a long position, as such a crossover often suggests higher prices in the near term.

Over the past year, RR Donnelley has traded in a range of $11.03 to $24.64 and is now at $12.55, 14% above that low. Over the last five market days, the 200-day moving average (MA) has remained constant while the 50-day MA has advanced 1.7%.

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

Keywords: moving crosses RR Donnelley

Ticker(s): RRD