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Bearish Moving Average Cross by First Ind Realty (FR)

By Amy Schwartz

Today, shares of First Ind Realty (NYSE:FR) have fallen below their 10-day MA of $29.57 on a volume of 250K shares. Swing traders may find an opportunity for a short position, as such a crossover often suggests lower prices in the near term.

In the past 52 weeks, First Ind Realty share prices have been bracketed by a low of $24.85 and a high of $32.91 and are now at $29.43, 18% above that low price. Over the past week, the 200-day moving average (MA) has gone up 0.3% while the 50-day MA has advanced 0.9%.

SmarTrend is monitoring the recent change of momentum in First Ind Realty. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of First Ind Realty in search of a potential trend change.

Keywords: moving crosses first ind realty

Ticker(s): FR