Barchart.com's Chart of the Day - Kite Realty Group
Related Stocks
 KRG - Kite Realty Group Trust
SymLastChgPct
KRG18.61+0.07+0.38%

The Barchart Chart of the Day belongs to the Retail REIT Kite Realty Group (KRG). I found the stock by sorting Barchart's Top Stocks to Own list first by the most frequent number of new highs in the last month, then used the Flipchart feature to review the charts for consistent price appreciation. Since the Trend Spotter signaled a buy on 9/10 the stock gained 20.03%

Kite Realty Group Trust is a full-service, vertically integrated real estate investment trust focused primarily on the development, construction, acquisition, ownership and operation of high quality neighborhood and community shopping centers in selected growth markets in the United States. They own interests in a portfolio of operating retail properties, retail properties under development, operating commercial properties, a related parking garage, commercial property under development and parcels of land that may be used for future development.

KRG

Barchart's Opinion Trading systems are listed below. Please note that the Barchart Opinion indicators are updated live during the session every 10 minutes and can therefore change during the day as the market fluctuates. The indicator numbers shown below therefore may not match what you see live on the Barchart.com website when you read this report.

Barchart technical indicators:

  • 100% technical buy signals
  • 26.20+ Weighted Alpha
  • 18.72% gain in the last year
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 17 new highs and up 14.18% in the last month
  • Relative Strength Index 81.03%
  • Technical support level at 18.44
  • Recently traded at 18.88 with a 50 day moving average of 16.81

Fundamental factors:

  • Market Cap $1.58 billion
  • P/E 10.50
  • Dividend yield 7.06%
  • Wall Street analysts issued 6 strong buy, 1 buy and 5 hold recommendations on the stock
  • The individual investors following the stock on Motley Fool voted 67 to 19 that the stock will beat the market
  • 5,322 investors are monitoring the stock on Seeking Alpha