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Shares of NXRT Up 7.1% Since Uptrend Call on Shares

By James Quinn

SmarTrend identified an Uptrend for Nexpoint Resi (NYSE:NXRT) on April 26th, 2019 at $37.68. In approximately 3 weeks, Nexpoint Resi has returned 7.11% as of today's recent price of $40.36.

Over the past year, Nexpoint Resi has traded in a range of $26.60 to $41.91 and is now at $40.36, 52% above that low. The 200-day and 50-day moving averages have moved 0.55% higher and 0.76% higher over the past week, respectively.

NexPoint Residential Trust, Inc. operates as a real estate investment trust. The Company acquires, owns, and operates middle-income multifamily properties with value-add potential throughout the Southeastern and Southwestern United States.

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

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

Keywords: spotlights nexpoint resi

Ticker(s): NXRT