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Xenia Hotels & R Crosses Below its 10-day MA (XHR)

By Shiri Gupta

Today, shares of Xenia Hotels & R (NYSE:XHR) have crossed bearishly below their 10-day moving average of $20.82 on a volume of 136K 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, Xenia Hotels & R has traded in a range of $16.47 to $24.63 and is now at $20.64, 25% above that low. Over the past week, the 200-day moving average (MA) has remained constant while the 50-day MA has remained constant.

SmarTrend is tracking the current trend status for Xenia Hotels & R and will alert subscribers who have XHR in their portfolio or watchlist when shares have changed trend direction.

Keywords: moving crosses xenia hotels & r

Ticker(s): XHR