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Shares of DEI Up 17.0% Since Uptrend Call on Shares

By Shiri Gupta

SmarTrend identified an Uptrend for Douglas Emmett (NYSE:DEI) on January 11th, 2019 at $35.21. In approximately 3 months, Douglas Emmett has returned 17.01% as of today's recent price of $41.20.

In the past 52 weeks, Douglas Emmett share prices have been bracketed by a low of $32.32 and a high of $41.79 and are now at $41.20, 27% above that low price. Over the last five market days, the 200-day moving average (MA) has remained constant while the 50-day MA has advanced 0.6%.

Douglas Emmett, Inc. operates as a real estate investment trust. The Company invests in office and multi-family properties. Douglas Emmett serves customers in the States of California and Hawaii.

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

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

Keywords: spotlights douglas emmett

Ticker(s): DEI