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Cedar Realty Tru Trading Higher Today on Above-Average Volume, Consistent With Trend (CDR)

By Nick Russo

The price of Cedar Realty Tru shares has climbed to $6.12 (a 1.3% change) on heavy trading volume. About 327,000 shares have been traded today, as compared to the 30-day average volume of 204,000 shares. Unusually high volume can signify a potential turning point or validate a breakout.

SmarTrend recommended that subscribers consider buying shares of Cedar Realty Tru on September 29th, 2017 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $5.59. Since that recommendation, shares of Cedar Realty Tru have risen 8.1%. We continue to monitor CDR for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Over the past year, Cedar Realty Tru has traded in a range of $4.70 to $8.08 and is now at $6.11, 30% above that low. The 200-day and 50-day moving averages have moved 0.06% higher and 0.01% lower over the past week, respectively.

Keywords: unusual volume cedar realty tru

Ticker(s): CDR