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Independence Rea Up 37.3% Since SmarTrend Uptrend Call (IRT)

By Amy Schwartz

SmarTrend identified an Uptrend for Independence Rea (NYSE:IRT) on January 25th, 2019 at $10.24. In approximately 8 months, Independence Rea has returned 37.30% as of today's recent price of $14.06.

Independence Rea share prices have moved between a 52-week high of $14.14 and a 52-week low of $8.75 and are now trading 61% above that low price at $14.06 per share. In the last five trading sessions, the 50-day moving average (MA) has climbed 1.4% while the 200-day MA has risen 0.7%.

Independence Realty Trust, Inc. is an internally managed and advised apartment REIT focused on acquiring and owning well-located garden-style and mid-rise apartment properties throughout the United States.

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

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

Keywords: spotlights independence rea

Ticker(s): IRT