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Shares of ADC Up 12.3% Since Uptrend Call on Shares

By David Diaz

SmarTrend identified an Uptrend for Agree Realty (NYSE:ADC) on January 11th, 2019 at $60.79. In approximately 3 months, Agree Realty has returned 12.33% as of today's recent price of $68.28.

Agree Realty share prices have moved between a 52-week high of $70.25 and a 52-week low of $47.22 and are now trading 45% above that low price at $68.28 per share. Over the last five market days, the 200-day moving average (MA) has gone up 0.4% while the 50-day MA has advanced 0.3%.

Agree Realty Corporation is a real estate investment trust that owns, manages, and develops primarily neighborhood community shopping centers and single tenant properties, located in twelve states and leased under net leases to major retail tenants.

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

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

Keywords: spotlights agree realty

Ticker(s): ADC