Jan 07, 2013 (SmarTrend(R) Spotlight via COMTEX) -- SmarTrend identified an Uptrend for Arbor Realty Trust (NYSE:ABR) on December 17th, 2012 at $5.76. In approximately 3 weeks, Arbor Realty Trust has returned 14.68% as of today's recent price of $6.60.
In the past 52 weeks, Arbor Realty Trust share prices have been bracketed by a low of $3.60 and a high of $6.88 and are now at $6.60, 83% above that low price. Over the last five market days, the 200-day moving average (MA) has gone up 0.3% while the 50-day MA has advanced 1.0%.
Arbor Realty Trust, Inc. is a specialized real estate finance company. The Company invests in real estate related bridge and mezzanine loans, preferred equity and, in limited cases, discounted mortgage notes and other real estate related assets.
SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Arbor Realty Trust shares.Log in and add Arbor Realty Trust (ABR) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.
Write to Chip Brian at cbrian@mysmartrend.com
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