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Highwoods Prop Shares Down 15.6% Since SmarTrend's Sell Call (HIW)

By Shiri Gupta

SmarTrend identified a Downtrend for Highwoods Prop (NYSE:HIW) on October 27th, 2017 at $51.20. In approximately 6 months, Highwoods Prop has returned 15.62% as of today's recent price of $43.20.

Over the past year, Highwoods Prop has traded in a range of $41.34 to $56.23 and is now at $43.20, 4% above that low. In the last five trading sessions, the 50-day moving average (MA) has climbed 0.7% while the 200-day MA has risen 0.3%.

Highwoods Properties, Inc., with its operating partnership and subsidiaries, develops, manages, leases, and acquires suburban office and industrial properties. Highwoods has expanded into markets throughout the southeastern and midwestern 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 Highwoods Prop.

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

Keywords: spotlights highwoods prop

Ticker(s): HIW