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Shares of RLJ Up 20.6% Since Uptrend Call on Shares

By David Diaz

SmarTrend identified an Uptrend for Rlj Lodging Trus (NYSE:RLJ) on March 25th, 2020 at $6.49. In approximately 2 weeks, Rlj Lodging Trus has returned 20.59% as of today's recent price of $7.82.

In the past 52 weeks, Rlj Lodging Trus share prices have been bracketed by a low of $3.88 and a high of $19.00 and are now at $7.82, 102% above that low price. Over the last five market days, the 200-day moving average (MA) has gone down 1% while the 50-day MA has declined 4.2%.

RLJ Lodging Trust is a self-advised and self-administered Maryland real estate investment trust. The Trust invests primarily in premium-branded, focused-service and compact full-service hotels. RLJ Lodging owns hotels in multiple states and the District of Columbia.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Rlj Lodging Trus shares.

Log in and add Rlj Lodging Trus (RLJ) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Keywords: spotlights rlj lodging trus

Ticker(s): RLJ