SmarTrend's Trend Spotter Sees Continued Upward Momentum on Shares of Kimco Realty (KIM)
SmarTrend identified an Uptrend for Kimco Realty (NYSE: KIM) on March 08, 2010 at $14.72. In approximately 1 week, Kimco Realty has returned 7.9% as of today's recent price of $15.89.
Kimco Realty is currently above its 50-day moving average of $13.62 and above its 200-day moving average of $12.29. 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 Kimco Realty shares.
Write to Chip Brian at cbrian@tradethetrend.com
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