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Downtrend Call Working As Istar Inc Stock Falls 13.9% (STAR)

By Amy Schwartz

SmarTrend identified a Downtrend for Istar Inc (NYSE:STAR) on December 17th, 2018 at $9.89. In approximately 4 months, Istar Inc has returned 13.85% as of today's recent price of $8.52.

Over the past year, Istar Inc has traded in a range of $7.84 to $11.44 and is now at $8.52, 9% above that low. In the last five trading sessions, the 50-day moving average (MA) has fallen 0.8% while the 200-day MA has slid 0.3%.

iStar Inc. operates as a real estate investment company. The Company finances, invests in, and develops real estate and real estate related projects, as well as provides corporate net lease financing services. iStar serves customers worldwide.

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

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

Keywords: spotlights istar inc

Ticker(s): STAR