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Terreno Realty C Set to Possibly Pullback After Yesterday's Rally of 1.07%

By Nick Russo

Terreno Realty C (NYSE:TRNO) traded in a range yesterday that spanned from a low of $37.15 to a high of $37.94. Yesterday, the shares gained 1.1%, which took the trading range above the 3-day high of $37.70 on volume of 192,000 shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.

In the past 52 weeks, shares of Terreno Realty C have traded between a low of $31.56 and a high of $39.26 and are now at $37.78, which is 20% above that low price. Over the past week, the 200-day moving average (MA) has remained constant while the 50-day MA has advanced 0.2%.

SmarTrend is tracking the current trend status for Terreno Realty C and will alert subscribers who have TRNO in their portfolio or watchlist when shares have changed trend direction.

Keywords: rebounders terreno realty c

Ticker(s): TRNO