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Ryman Hospitalit Crosses Above its 10-day MA (RHP)

By Amy Schwartz

Today, shares of Ryman Hospitalit (NYSE:RHP) have crossed bullishly above their 10-day moving average of $33.74 on a volume of 137K 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.

Ryman Hospitalit share prices have moved between a 52-week high of $91.57 and a 52-week low of $13.25 and are now trading 177% above that low price at $36.76 per share. Over the past week, the 200-day moving average (MA) has gone down 1.5% while the 50-day MA has declined 8%.

SmarTrend recommended that subscribers consider buying shares of Ryman Hospitalit on March 20th, 2020 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $21.40. Since that recommendation, shares of Ryman Hospitalit have risen 59.9%. We continue to monitor RHP for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: moving crosses ryman hospitalit

Ticker(s): RHP