• Return to Headlines

Duke Realty Corp: 52-Week High Recently Eclipsed (DRE)

By David Diaz

Duke Realty Corp (NYSE:DRE) traded at a new 52-week high today of $33.35. So far today approximately 114,000 shares have been exchanged, as compared to an average 30-day volume of 1.9 million shares.

Based on a current price of $33.35, Duke Realty Corp is currently 11.6% above its average consensus analyst price target of $29.48. The stock should discover initial support at its 50-day moving average (MA) of $31.41 and subsequent support at its 200-day MA of $29.47.

In the past 52 weeks, shares of Duke Realty Corp have traded between a low of $24.67 and a high of $33.35 and are now at $33.35, which is 35% above that low price. In the last five trading sessions, the 50-day moving average (MA) has climbed 0.3% while the 200-day MA has risen 0.3%.

Duke Realty Corporation owns interests in industrial, office, and medical office properties across the Southeastern, Midwestern, and Southern United States. The Company provides leasing, property and asset management, acquisition, development, construction, build-to-suit, and other related services.

SmarTrend recommended that subscribers consider buying shares of Duke Realty Corp on January 10th, 2019 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $26.90. Since that recommendation, shares of Duke Realty Corp have risen 23.6%. We continue to monitor DRE for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: 52 week high/lows duke realty corp

Ticker(s): DRE