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Sunrun Inc Crosses Below its 10-day MA (RUN)

By Amy Schwartz

Sunrun Inc (NASDAQ:RUN) shares have crossed bearishly below their 10-day moving average of $15.54 on a volume of 192K 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.

Over the past year, Sunrun Inc has traded in a range of $5.08 to $21.42 and is now at $15.10, 197% above that low. Over the last five market days, the 200-day moving average (MA) has gone up 0.5% while the 50-day MA has declined 0.3%.

SmarTrend recommended that its subscribers protect gains by selling shares of Sunrun Inc on July 29th, 2019 by issuing a Downtrend alert when the shares were trading at $18.17. Since that call, shares of Sunrun Inc have fallen 14.8%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Keywords: moving crosses sunrun inc

Ticker(s): RUN