• Return to Headlines

SmarTrend Watching for Potential Rebound in Shares of Fed Realty Invs After 1.67% Loss

By Shiri Gupta

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.

Fed Realty Invs share prices have moved between a 52-week high of $171.08 and a 52-week low of $120.50 and are now trading 8% above that low price at $129.66 per share. In the last five trading sessions, the 50-day moving average (MA) has climbed 0.4% while the 200-day MA has risen 0.3%.

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.

Keywords: rebounders fed realty invs

Ticker(s): FRT