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Uptrend Call Working As City Office Reit Stock Rises 17.7% (CIO)

By James Quinn

SmarTrend identified an Uptrend for City Office Reit (NYSE:CIO) on June 12th, 2019 at $12.10. In approximately 3 months, City Office Reit has returned 17.73% as of today's recent price of $14.25.

In the past 52 weeks, City Office Reit share prices have been bracketed by a low of $9.73 and a high of $14.24 and are now at $14.24, 46% above that low price. Over the last five market days, the 200-day moving average (MA) has gone up 0.6% while the 50-day MA has advanced 1.2%.

City Office REIT, Inc. acquires, owns and operates office properties. The Company invests in properties located in metropolitan areas in the Southern and Western United States.

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

Log in and add City Office Reit (CIO) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Keywords: spotlights city office reit

Ticker(s): CIO