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Shares of IRT Up 40.4% Since Uptrend Call on Shares

By David Diaz

SmarTrend identified an Uptrend for Independence Rea (NYSE:IRT) on January 25th, 2019 at $10.24. In approximately 10 months, Independence Rea has returned 40.43% as of today's recent price of $14.38.

Over the past year, Independence Rea has traded in a range of $8.75 to $15.89 and is now at $14.38, 64% above that low. Over the past week, the 200-day moving average (MA) has gone up 0.8% while the 50-day MA has advanced 0.4%.

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