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Duke Realty Corp Bullish Moving Average Crossover Alert (DRE)

By David Diaz

Duke Realty Corp (NYSE:DRE) shares have crossed bullishly above their 10-day moving average of $33.14 on a volume of 173K shares. This may provide swing traders with an opportunity for a long position, as such a crossover often suggests higher prices in the near term.

Duke Realty Corp share prices have moved between a 52-week high of $33.83 and a 52-week low of $24.67 and are now trading 35% above that low price at $33.31 per share. The 200-day and 50-day moving averages have moved 0.27% higher and 0.34% higher over the past week, respectively.

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 22.5%. We continue to monitor DRE for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: moving crosses duke realty corp

Ticker(s): DRE