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Shares of KIM Up 16.4% Since Uptrend Call on Shares

By David Diaz

SmarTrend identified an Uptrend for Kimco Realty (NYSE:KIM) on January 15th, 2019 at $16.03. In approximately 5 months, Kimco Realty has returned 16.38% as of today's recent price of $18.65.

In the past 52 weeks, shares of Kimco Realty have traded between a low of $14.29 and a high of $19.29 and are now at $18.64, which is 30% above that low price. Over the last five market days, the 200-day moving average (MA) has gone up 0.2% while the 50-day MA has advanced 0.3%.

Kimco Realty Corporation is a real estate investment trust (REIT). The Company owns and operates open-air shopping centers with multiple locations in the United States and Puerto Rico. Kimco Realty owns properties which are usually anchored by a supermarket and big box store that sells day-to-day necessities.

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

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

Keywords: spotlights kimco realty

Ticker(s): KIM