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Uptrend Call Working As Avatar Holdings Stock Rises 61.0% (AVTR)

By Shiri Gupta

SmarTrend identified an Uptrend for Avatar Holdings (NASDAQ:AVTR) on January 3rd, 2012 at $7.48. In approximately 30 months, Avatar Holdings has returned 60.96% as of today's recent price of $12.04.

Avatar Holdings share prices have moved between a 52-week high of $12.15 and a 52-week low of $10.54 and are now trading 14% above that low price at $12.04 per share. The 200-day and 50-day moving averages have moved 0% lower and 0% lower over the past week, respectively.

Avatar Holdings Inc. is involved in real estate operations. The Company owns and develops land, primarily in FL and AZ. Avatar currently develops, sells, and manages adult communities and residential communities. The Company develops, leases, and manages improved commercial and industrial properties. Avatar operates resorts and cable television stations and provides management services.

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

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

Keywords: spotlights avatar holdings

Ticker(s): AVTR