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Spirit Realty Down 32.7% Since SmarTrend Downtrend Call (SRC)

By David Diaz

SmarTrend identified a Downtrend for Spirit Realty (NYSE:SRC) on October 6th, 2016 at $12.28. In approximately 20 months, Spirit Realty has returned 32.74% as of today's recent price of $8.26.

Spirit Realty share prices have moved between a 52-week high of $13.97 and a 52-week low of $6.64 and are now trading 24% above that low price at $8.26 per share. Over the last five market days, the 200-day moving average (MA) has gone up 0.3% while the 50-day MA has advanced 0.5%.

Spirit Realty Capital, Inc. operates as a real estate investment trust. The Trust invests in single-tenant and triple-net basis real estate properties engaged in retail, service, and distribution industries. Spirit Realty Capital serves customers in the United States.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any changes in momentum for shares of Spirit Realty.

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

Keywords: spotlights spirit realty

Ticker(s): SRC