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Uptrend Call Working As IRSA Inversiones y Representaciones Stock Rises 18.6% (IRS)

Written on Wed, 01/23/2013 - 11:44am
By James Quinn

SmarTrend identified an Uptrend for IRSA Inversiones y Representaciones (NYSE:IRS) on January 8th, 2013 at $7.98. In approximately 2 weeks, IRSA Inversiones y Representaciones has returned 18.62% as of today's recent price of $9.46.

Over the past year, IRSA Inversiones y Representaciones has traded in a range of $6.35 to $11.48 and is now at $9.43, 49% above that low. The 200-day and 50-day moving averages have moved 0.03% lower and 0.97% higher over the past week, respectively.

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

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