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Macerich Co Has Returned 29.4% Since SmarTrend Recommendation (MAC)

By David Diaz

SmarTrend identified a Downtrend for Macerich Co (NYSE:MAC) on February 7th, 2019 at $42.69. In approximately 6 months, Macerich Co has returned 29.35% as of today's recent price of $30.16.

Macerich Co share prices have moved between a 52-week high of $59.22 and a 52-week low of $28.87 and are now trading 4% above that low price at $30.16 per share. Over the last five market days, the 200-day moving average (MA) has gone down 0.7% while the 50-day MA has declined 1.2%.

The Macerich Company is a fully integrated, self-administered, and self-managed real estate investment trust. The Company acquires, owns, redevelops, manages, and leases regional and community shopping centers located throughout the 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 Macerich Co.

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

Keywords: spotlights macerich co

Ticker(s): MAC