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Kimco Realty Crosses Below its 10-day MA (KIM)

By Nick Russo

Today, shares of Kimco Realty (NYSE:KIM) have fallen below their 10-day MA of $20.31 on a volume of 831K 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.

Over the past year, Kimco Realty has traded in a range of $17.02 to $32.24 and is now at $20.10, 18% above that low. Over the past week, the 200-day moving average (MA) has gone up 0.3% while the 50-day MA has advanced 0.6%.

SmarTrend recommended that subscribers consider buying shares of Kimco Realty on July 26th, 2017 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $19.68. Since that recommendation, shares of Kimco Realty have risen 4.0%. We continue to monitor KIM for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: moving crosses kimco realty

Ticker(s): KIM