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Realpage Inc Set to Possibly Pullback After Yesterday's Rally of 2.56%

By Nick Russo

Realpage Inc (NASDAQ:RP) traded in a range yesterday that spanned from a low of $62.50 to a high of $64.60. Yesterday, the shares gained 2.6%, which took the trading range above the 3-day high of $63.10 on volume of 453,000 shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.

In the past 52 weeks, shares of Realpage Inc have traded between a low of $21.04 and a high of $64.60 and are now at $64.20, which is 205% above that low price. The 200-day and 50-day moving averages have moved 0.66% higher and 0.91% higher over the past week, respectively.

SmarTrend recommended that subscribers consider buying shares of Realpage Inc on August 9th, 2018 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $58.90. Since that recommendation, shares of Realpage Inc have risen 6.1%. We continue to monitor RP for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: rebounders realpage inc

Ticker(s): RP