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TMCNet:  Cedar Shopping Centers Trading Higher Today on Above-Average Volume, Consistent With Trend (CDR)

[February 08, 2013]

Cedar Shopping Centers Trading Higher Today on Above-Average Volume, Consistent With Trend (CDR)

Feb 08, 2013 (SmarTrend(R) News Watch via COMTEX) -- The price of Cedar Shopping Centers shares has climbed to $5.33 (a 1.7% change) on heavy trading volume. Today's volume of 477,000 shares tops the average 30-day volume of 273,000 shares. Unusually high volume can signify a potential turning point or validate a breakout.

SmarTrend is tracking the current trend status for Cedar Shopping Centers and will alert subscribers who have CDR in their portfolio or watchlist when shares have changed trend direction.

In the past 52 weeks, shares of Cedar Shopping Centers have traded between a low of $4.53 and a high of $5.80 and are now at $5.30, which is 17% above that low price. In the last five trading sessions, the 50-day moving average (MA) has climbed 0.5% while the 200-day MA has risen 0.2%.

Write to Chip Brian at cbrian@mysmartrend.com --------------------------------------------------------------------------------------------- SmarTrend analyzes over 5,000 securities simultaneously throughout the trading day and provides its subscribers with trend change alerts in real time. To get a free trial of our trading calls and maximize your trading results, please visit http://www.MySmarTrend.com Get exclusive, actionable insight into how the market is expected to trend prior to market open with our free morning newsletter. Sign up at: http://www.MySmarTrend.com/signup

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