Roadrunner Transportation Systems Inc (RRTS) goes negative by breaking below intraday moving average 2012/10/08 16:37

The intraday price for Roadrunner Transportation Systems Inc has moved below its 200 period 30 minute moving average of 17.05. RRTS is around 16.99 bucks now. Going below the moving average deepens the negative trend.

The price is already below support of $17.32.

Other stocks to watch – these have a positive correlation with Roadrunner Transportation Systems Inc:

San Miguel Corp Cl B (SMGBY) with a correlation of 93.75%

S&P 500 Equal Weighted Consumer Discretionary [S (SS2E) with a correlation of 93.71%

S&P Select Sector Capped 20% Consumer Discretion (SUCD) with a correlation of 93.87%

Teleplus World Corp (TLPQE) with a correlation of 93.22%

(XS04957565) with a correlation of 93.22%

For the math geeks and quants – the most recent Slope: -0.27 Intercept: 17.32 close: 16.99