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Rexford Industri Rising on Above-Average Volume, Consistent With Trend (REXR)

By David Diaz

The price of Rexford Industri shares has climbed to $31.17 (a 0.1% change) on heavy trading volume. Approximately 1.2 million shares have changed hands today vs. average 30-day volume of 705,000 shares. Spikes in volume can validate a breakout or signify a potential turning point.

SmarTrend recommended that subscribers consider buying shares of Rexford Industri on April 17th, 2018 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $29.15. Since that recommendation, shares of Rexford Industri have risen 6.8%. We continue to monitor REXR for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Over the past year, Rexford Industri has traded in a range of $26.32 to $32.91 and is now at $31.26, 19% above that low. The 200-day and 50-day moving averages have moved 0.09% higher and 0.48% higher over the past week, respectively.

Keywords: unusual volume rexford industri

Ticker(s): REXR