HomeMost PopularRDN Drops Below Key Moving Average: What It Means for Investors

RDN Drops Below Key Moving Average: What It Means for Investors

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Radian Group Shares Dip Below Key Moving Average

Radian Group, Inc. (Symbol: RDN) experiences a notable decline in trading as it slips below its 200-day moving average.

During trading on Friday, shares of Radian Group, Inc. (RDN) fell below their 200-day moving average of $32.18, reaching a low of $31.74 per share. This drop represents an approximate 8.9% decrease for the day. The chart below illustrates the performance of RDN shares over the past year, comparing them to the 200-day moving average:

Radian Group, Inc. 200 Day Moving Average Chart

According to the chart, RDN’s price has fluctuated significantly over the past 52 weeks, with its lowest point at $24.92 and the highest at $37.86. As of this latest trade, shares are currently priced at $31.81.

nslideshow Click here to find out which 9 other dividend stocks recently crossed below their 200 day moving average »

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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