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Rent-A-Center Falling Today on Above-Average Volume (RCII)

By James Quinn

Shares of Rent-A-Center are trading down 1.5% to $14.56 today on above average volume. About 729,000 shares have been traded today, as compared to the 30-day average volume of 723,000 shares. Unusually high volume can signify a potential turning point or validate a breakout.

SmarTrend recommended that subscribers consider buying shares of Rent-A-Center on March 12th, 2018 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $9.00. Since that recommendation, shares of Rent-A-Center have risen 64.2%. We continue to monitor RCII for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Rent-A-Center share prices have moved between a 52-week high of $14.94 and a 52-week low of $7.22 and are now trading 102% above that low price at $14.61 per share. The 200-day and 50-day moving averages have moved 0.64% higher and 0.03% higher over the past week, respectively.

Keywords: unusual volume rent-a-center

Ticker(s): RCII