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Shares of CLI Up 13.7% Since Uptrend Call on Shares

By David Diaz

SmarTrend identified an Uptrend for Mack-Cali Realty (NYSE:CLI) on May 3rd, 2018 at $17.73. In approximately 2 months, Mack-Cali Realty has returned 13.68% as of today's recent price of $20.16.

In the past 52 weeks, Mack-Cali Realty share prices have been bracketed by a low of $15.86 and a high of $26.97 and are now at $20.16, 27% above that low price. The 200-day and 50-day moving averages have moved 0.21% lower and 1.03% higher over the past week, respectively.

Mack-Cali Realty Corporation is a fully integrated, self administered, and self managed real estate investment trust (REIT) providing management, leasing, development, construction, and other tenant related services for its class A real estate portfolio. The Properties are primarily office and office flex buildings located in the Northeast.

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

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

Keywords: spotlights mack-cali realty

Ticker(s): CLI