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Acadia Realty Down 48.4% Since SmarTrend Downtrend Call (AKR)

By James Quinn

SmarTrend identified a Downtrend for Acadia Realty (NYSE:AKR) on November 8th, 2019 at $27.53. In approximately 5 months, Acadia Realty has returned 48.42% as of today's recent price of $14.20.

Over the past year, Acadia Realty has traded in a range of $12.44 to $29.50 and is now at $14.20, 14% above that low. Over the last five market days, the 200-day moving average (MA) has gone down 0.7% while the 50-day MA has declined 2.8%.

Acadia Realty Trust is a fully integrated and self-managed real estate investment trust. The trust specializes in the acquisition, redevelopment and operation of shopping centers which are anchored by grocery and value-oriented retail. Acadia is headquartered in White Plains, New York.

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

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

Keywords: spotlights acadia realty

Ticker(s): AKR