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Lexington Realty Falling Today on Above-Average Volume (LXP)

By James Quinn

Lexington Realty shares are trading on heavy volume today, having fallen 5.6% to $9.48. Today's volume of 3.5 million shares tops the average 30-day volume of 1.4 million shares. Unusually high volume can signify a potential turning point or validate a breakout.

SmarTrend is tracking the current trend status for Lexington Realty and will alert subscribers who have LXP in their portfolio or watchlist when shares have changed trend direction.

Over the past year, Lexington Realty has traded in a range of $7.86 to $11.81 and is now at $9.48, 21% above that low. In the last five trading sessions, the 50-day moving average (MA) has fallen 0.3% while the 200-day MA has remained constant.

Keywords: unusual volume lexington realty

Ticker(s): LXP