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Uptrend Call Working As Brixmor Property Stock Rises 7.2% (BRX)

By Nick Russo

SmarTrend identified an Uptrend for Brixmor Property (NYSE:BRX) on July 31st, 2019 at $18.93. In approximately 2 months, Brixmor Property has returned 7.21% as of today's recent price of $20.29.

Over the past year, Brixmor Property has traded in a range of $14.11 to $20.38 and is now at $20.31, 44% above that low. Over the last five market days, the 200-day moving average (MA) has gone up 0.3% while the 50-day MA has advanced 0.7%.

Brixmor (NYSE: BRX) is a real estate investment trust (REIT) that owns and operates a high-quality, national portfolio of open-air shopping centers. Its 422 retail centers comprise approximately 73 million square feet of prime retail space in established trade areas.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Brixmor Property shares.

Log in and add Brixmor Property (BRX) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Keywords: spotlights brixmor property

Ticker(s): BRX