• Return to Headlines

Kimco Realty (KIM) Crosses Pivot Point Support at $15.35

By James Quinn

Shares of Kimco Realty (NYSE:KIM) have bearishly opened below the pivot of $15.60 today and have reached the first support level of $15.35. Investors may be interested in a cross of the next downside pivot targets of $15.22 and $14.85.

In the past 52 weeks, shares of Kimco Realty have traded between a low of $13.16 and a high of $19.79 and are now at $15.51, which is 18% above that low price. Over the last five market days, the 200-day moving average (MA) has gone down 0.2% while the 50-day MA has declined 0.2%.

There is potential upside of 6.1% for shares of Kimco Realty based on a current price of $15.51 and an average consensus analyst price target of $16.45. The stock should find initial resistance at its 200-day moving average (MA) of $15.82 and further resistance at its 50-day MA of $16.72.

SmarTrend is monitoring the recent change of momentum in Kimco Realty. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of Kimco Realty in search of a potential trend change.

Keywords: pivot alerts kimco realty

Ticker(s): KIM