Gramercy Property Trust (NYSE:GPT) Pressured Under Trend Lines

Gramercy Property Trust (NYSE:GPT) shares have been on a recent steady downtrend, causing some worry for shareholders.

In order to gauge which way a stock is trending, you must compare a stock’s share price to its moving average.  Uptrending stocks trade above their moving averages, while downtrending stocks trade below. 

It is important to consider the moving averages of a downtrending security.  We see here that Gramercy Property Trust (NYSE:GPT) is -1.57% away from the 20-Day Simple Moving Average.  Their 50-Day Simple Moving Average is a difference of -4.54% from current levels.  Further back, their 200-Day Simple Moving Average is -1.56% difference from today’s price.  Currently, the stock is -8.70% from its 50-Day High and 0.18% from the 50-day low. 

RSI and Recommendations

Gramercy Property Trust’s RSI is 35.82.  Based on the stock’s volatility for the week, which is a statistical measure of the dispersion of returns for a given stock and represents average daily high/low percentage range of 1.18% and month of 1.39%.  Wall Street analysts have a consensus 1.50 recommendation on the stock.  

Historical Growth

Gramercy Property Trust (NYSE:GPT)’s performance this year to date is 3.85%.  The stock has performed -0.83% over the last seven days, -5.27% over the last thirty, and -2.62% over the last three months.  Over the last six months, Gramercy Property Trust’s stock has been -3.21% and 6.52% for the year.

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