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Look for Shares of Physicians Realt to Potentially Pullback after Yesterday's 1.37% Rise

By Shiri Gupta

Physicians Realt (NYSE:DOC) traded in a range yesterday that spanned from a low of $18.47 to a high of $18.53. Yesterday, the shares gained 1.4%, which took the trading range above the 3-day high of $18.32 on volume of 422,000 shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.

SmarTrend recommended that subscribers consider buying shares of Physicians Realt on January 23rd, 2019 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $16.94. Since that recommendation, shares of Physicians Realt have risen 7.9%. We continue to monitor DOC for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

In the past 52 weeks, Physicians Realt share prices have been bracketed by a low of $14.34 and a high of $18.84 and are now at $18.53, 29% above that low price. The 200-day and 50-day moving averages have moved 0.29% higher and 0.80% higher over the past week, respectively.

Keywords: rebounders physicians realt

Ticker(s): DOC