• Return to Headlines

After Yesterday's Rally of 1.20% Shares Could Potentially Pullback

By Shiri Gupta

Alexandria Real (NYSE:ARE) traded in a range yesterday that spanned from a low of $144.64 to a high of $145.57. Yesterday, the shares gained 1.2%, which took the trading range above the 3-day high of $144.32 on volume of 129,000 shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.

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

In the past 52 weeks, shares of Alexandria Real have traded between a low of $109.04 and a high of $145.18 and are now at $145.11, which is 33% above that low price. The 200-day and 50-day moving averages have moved 0.23% higher and 0.29% higher over the past week, respectively.

Keywords: rebounders alexandria real

Ticker(s): ARE