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Uptrend Call Working As IRSA Inversiones y Representaciones Stock Rises 22.4% (IRS)

By Nick Russo

SmarTrend identified an Uptrend for IRSA Inversiones y Representaciones (NYSE:IRS) on January 29th, 2016 at $10.46. In approximately 1 month, IRSA Inversiones y Representaciones has returned 22.43% as of today's recent price of $12.80.

IRSA Inversiones y Representaciones share prices have moved between a 52-week high of $21.50 and a 52-week low of $8.09 and are now trading 59% above that low price at $12.83 per share. Over the last five market days, the 200-day moving average (MA) has gone down 0.5% while the 50-day MA has advanced 0.7%.

IRSA Inversiones y Representaciones S.A. invests in real estate in Argentina,The Company's portfolio consists of commercial buildings, shopping centers, office space, residential properties, and hotels.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of IRSA Inversiones y Representaciones shares.

Log in and add IRSA Inversiones y Representaciones (IRS) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Keywords: spotlights irsa inversiones y representaciones

Ticker(s): IRS