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Rlj Lodging Trus Rising Today on Above-Average Volume (RLJ)

By Nick Russo

Rlj Lodging Trus shares are trading on heavy volume today, having risen 11.6% to $21.95. About 2.7 million shares have been traded today, as compared to the 30-day average volume of 758,000 shares. Unusually high volume can signify a potential turning point or validate a breakout.

SmarTrend is monitoring the recent change of momentum in Rlj Lodging Trus. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of Rlj Lodging Trus in search of a potential trend change.

In the past 52 weeks, shares of Rlj Lodging Trus have traded between a low of $18.92 and a high of $25.10 and are now at $19.73, which is 4% above that low price. In the last five trading sessions, the 50-day moving average (MA) has climbed 0.6% while the 200-day MA has slid 0.9%.

Keywords: unusual volume rlj lodging trus

Ticker(s): RLJ