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Extra Space Stor Bearish Moving Average Crossover Alert (EXR)

By Amy Schwartz

Today, shares of Extra Space Stor (NYSE:EXR) have fallen below their 10-day MA of $108.35 on a volume of 139K shares. This may provide short-term investors a chance for a short position, as such a crossover often suggests lower prices in the near term.

In the past 52 weeks, Extra Space Stor share prices have been bracketed by a low of $83.70 and a high of $110.79 and are now at $107.75, 29% above that low price. Over the last five market days, the 200-day moving average (MA) has gone up 0.3% while the 50-day MA has advanced 0.4%.

SmarTrend recommended that subscribers consider buying shares of Extra Space Stor on March 13th, 2019 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $100.38. Since that recommendation, shares of Extra Space Stor have risen 8.4%. We continue to monitor EXR for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: moving crosses extra space stor

Ticker(s): EXR