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Uptrend Call Working As IRSA Inversiones y Representaciones Stock Rises 36.0% (IRS)

By Nick Russo

SmarTrend identified an Uptrend for IRSA Inversiones y Representaciones (NYSE:IRS) on February 19th, 2014 at $10.70. In approximately 3 months, IRSA Inversiones y Representaciones has returned 35.98% as of today's recent price of $14.55.

In the past 52 weeks, IRSA Inversiones y Representaciones share prices have been bracketed by a low of $6.87 and a high of $15.01 and are now at $14.55, 112% above that low price. In the last five trading sessions, the 50-day moving average (MA) has climbed 1.8% while the 200-day MA has risen 0.9%.

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