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Retail Propertie Bullish Moving Average Crossover Alert (RPAI)

By Shiri Gupta

Today, shares of Retail Propertie (NYSE:RPAI) have advanced above their 10-day MA of $4.99 on a volume of 620K shares. This may provide swing traders with an opportunity for a long position, as such a crossover often suggests higher prices in the near term.

In the past 52 weeks, Retail Propertie share prices have been bracketed by a low of $2.87 and a high of $14.30 and are now at $5.42, 89% above that low price. In the last five trading sessions, the 50-day moving average (MA) has fallen 8.1% while the 200-day MA has slid 1.5%.

SmarTrend is tracking the current trend status for Retail Propertie and will alert subscribers who have RPAI in their portfolio or watchlist when shares have changed trend direction.

Keywords: moving crosses retail propertie

Ticker(s): RPAI