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Fed Realty Invs Falls 1.67% on Heavy Volume: Watch For Potential Rebound

By Amy Schwartz

Fed Realty Invs (NYSE:FRT) traded in a range yesterday that spanned from a low of $129.64 to a high of $132.09. Yesterday, the shares fell 1.7%, which took the trading range below the 3-day low of $131.57 on volume of 149,000 shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.

SmarTrend recommended that subscribers consider buying shares of Fed Realty Invs on June 27th, 2017 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $127.61. Since that recommendation, shares of Fed Realty Invs have risen 3.5%. We continue to monitor FRT for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

In the past 52 weeks, Fed Realty Invs share prices have been bracketed by a low of $120.50 and a high of $171.08 and are now at $129.66, 8% above that low price. Over the past week, the 200-day moving average (MA) has gone up 0.3% while the 50-day MA has advanced 0.4%.

Keywords: rebounders fed realty invs

Ticker(s): FRT