Kite Realty Group Trust: The Trend Continues Higher (KRG)
SmarTrend identified an Uptrend for Kite Realty Group Trust (NYSE: KRG) on February 22, 2010 at $4.07. In approximately 3 weeks, Kite Realty Group Trust has returned 20.1% as of today's recent price of $4.89.
Kite Realty Group Trust is currently above its 50-day moving average of $4.13 and above its 200-day moving average of $3.62. 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 Kite Realty Group Trust shares.
Write to Chip Brian at cbrian@tradethetrend.com
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