• Return to Headlines

After Yesterday's Decline of 1.02%, Realty Income Offers Investors Better Value

By David Diaz

Realty Income (NYSE:O) traded in a range yesterday that spanned from a low of $56.34 to a high of $57.02. Yesterday, the shares fell 1.0%, which took the trading range below the 3-day low of $56.90 on volume of 455,000 shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.

SmarTrend is tracking the current trend status for Realty Income and will alert subscribers who have O in their portfolio or watchlist when shares have changed trend direction.

In the past 52 weeks, shares of Realty Income have traded between a low of $52.72 and a high of $72.30 and are now at $56.48, which is 7% above that low price. Over the last five market days, the 200-day moving average (MA) has gone up 0.5% while the 50-day MA has advanced 0.2%.

Keywords: rebounders realty income

Ticker(s): O