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Shares of KIM Down 42.4% Since Downtrend Call on Shares

By David Diaz

SmarTrend identified a Downtrend for Kimco Realty (NYSE:KIM) on January 3rd, 2020 at $19.65. In approximately 3 months, Kimco Realty has returned 42.38% as of today's recent price of $11.32.

Over the past year, Kimco Realty has traded in a range of $9.01 to $21.86 and is now at $11.12, 23% above that low. The 200-day and 50-day moving averages have moved 0.79% lower and 4.02% lower over the past week, respectively.

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 changes in momentum for shares of Kimco Realty.

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