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Brandywine Rlty Crosses Above its 10-day MA (BDN)

By Amy Schwartz

Today, shares of Brandywine Rlty (NYSE:BDN) have advanced above their 10-day MA of $9.91 on a volume of 414K shares. This may provide short-term investors a chance for a long position, as such a crossover often suggests higher prices in the near term.

Brandywine Rlty share prices have moved between a 52-week high of $16.25 and a 52-week low of $7.48 and are now trading 41% above that low price at $10.51 per share. In the last five trading sessions, the 50-day moving average (MA) has fallen 4.4% while the 200-day MA has slid 1%.

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

Keywords: moving crosses brandywine rlty

Ticker(s): BDN