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Fed Realty Invs Crosses Below its 10-day MA (FRT)

By Shiri Gupta

Today, shares of Fed Realty Invs (NYSE:FRT) have crossed bearishly below their 10-day moving average of $133.11 on a volume of 116K 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, Fed Realty Invs share prices have been bracketed by a low of $110.66 and a high of $136.91 and are now at $132.71, 20% above that low price. The 200-day and 50-day moving averages have moved 0.26% higher and 0.87% higher over the past week, respectively.

SmarTrend recommended that subscribers consider buying shares of Fed Realty Invs on January 11th, 2019 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $123.74. Since that recommendation, shares of Fed Realty Invs have risen 7.9%. We continue to monitor FRT for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: moving crosses fed realty invs

Ticker(s): FRT