Ryland Group Bearish Moving Average Crossover Alert (RYL)
Today, shares of Ryland Group (NYSE:RYL) have crossed bearishly below their 10-day moving average of $37.05 on a volume of 265K 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, Ryland Group share prices have been bracketed by a low of $31.22 and a high of $46.67 and are now at $36.74, 18% above that low price. Over the past week, the 200-day moving average (MA) has remained constant while the 50-day MA has declined 0.3%.
SmarTrend is tracking the current trend status for Ryland Group and will alert subscribers who have RYL in their portfolio or watchlist when shares have changed trend direction.
Keywords: moving crosses ryland group