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Avatar Holdings Up 61.0% Since SmarTrend Uptrend Call (AVTR)

By Shiri Gupta

SmarTrend identified an Uptrend for Avatar Holdings (NASDAQ:AVTR) on January 3rd, 2012 at $7.48. In approximately 27 months, Avatar Holdings has returned 60.96% as of today's recent price of $12.04.

In the past 52 weeks, shares of Avatar Holdings have traded between a low of $10.54 and a high of $12.15 and are now at $12.04, which is 14% above that low price. Over the last five market days, the 200-day moving average (MA) has remained constant while the 50-day MA has remained constant.

Avatar Holdings Inc. is involved in real estate operations. The Company owns and develops land, primarily in FL and AZ. Avatar currently develops, sells, and manages adult communities and residential communities. The Company develops, leases, and manages improved commercial and industrial properties. Avatar operates resorts and cable television stations and provides management services.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Avatar Holdings shares.

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

Keywords: spotlights avatar holdings

Ticker(s): AVTR