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Realogy Holdings Up on Heavy Volume in Possible Trend Reversal (RLGY)

By Amy Schwartz

The price of Realogy Holdings shares has climbed to $20.98 (a 5.9% change) on heavy trading volume. Approximately 3.4 million shares have changed hands today vs. average 30-day volume of 1.9 million shares. Unusually high volume can signify a potential turning point or validate a breakout.

SmarTrend recommended that its subscribers protect gains by selling shares of Realogy Holdings on April 24th, 2018 by issuing a Downtrend alert when the shares were trading at $25.12. Since that call, shares of Realogy Holdings have fallen 21.1%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

In the past 52 weeks, Realogy Holdings share prices have been bracketed by a low of $19.71 and a high of $35.00 and are now at $20.69, 5% above that low price. Over the last five market days, the 200-day moving average (MA) has gone down 0.5% while the 50-day MA has declined 1%.

Keywords: unusual volume realogy holdings

Ticker(s): RLGY