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38.6% Return Seen to Date on SmarTrend Spirit Realty Call (SRC)

By Nick Russo

SmarTrend identified a Downtrend for Spirit Realty (NYSE:SRC) on October 6th, 2016 at $12.28. In approximately 25 months, Spirit Realty has returned 38.60% as of today's recent price of $7.54.

Over the past year, Spirit Realty has traded in a range of $7.34 to $8.84 and is now at $7.54, 3% above that low. Over the last five market days, the 200-day moving average (MA) has gone down 0.2% while the 50-day MA has declined 0.5%.

Spirit Realty Capital, Inc. operates as a real estate investment trust. The Trust invests in single-tenant and triple-net basis real estate properties engaged in retail, service, and distribution industries. Spirit Realty Capital serves customers in the United States.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any changes in momentum for shares of Spirit Realty.

Log in and add Spirit Realty (SRC) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Keywords: spotlights spirit realty

Ticker(s): SRC