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Shares of Retail Propertie Down on Above Average Volume, Moving Against Trend (RPAI)

By James Quinn

Retail Propertie shares are trading on heavy volume today, having fallen 2.0% to $12.66. About 1.5 million shares have been traded today, as compared to the 30-day average volume of 1.5 million shares. Spikes in volume can validate a breakout or signify a potential turning point.

SmarTrend recommended that subscribers consider buying shares of Retail Propertie on June 5th, 2018 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $12.31. Since that recommendation, shares of Retail Propertie have risen 5.0%. We continue to monitor RPAI for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Over the past year, Retail Propertie has traded in a range of $10.84 to $13.78 and is now at $12.58, 16% above that low. In the last five trading sessions, the 50-day moving average (MA) has remained constant while the 200-day MA has remained constant.

Keywords: unusual volume retail propertie

Ticker(s): RPAI