Associated Estates Realty: The Trend Continues Higher (AEC)
Sunday, February 21, 2010 - 18:03
Written on Sun, 02/21/2010 - 6:03pm
By Chip Brian

SmarTrend identified an Uptrend for Associated Estates Realty (NYSE:AEC) on August 05, 2009 at $6.51. In approximately 7 months, Associated Estates Realty has returned 78% as of today's recent price of $11.59.
Associated Estates Realty is currently above its 50-day moving average of $11.13 and above its 200-day moving average of $8.60. Look for these moving averages to climb to confirm the company's upward momentum.
SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Associated Estates Realty shares.

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