Highwoods Properties, Inc. (NYSE:HIW) shares have experienced a recent steady downtrend, causing some concern 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 Highwoods Properties, Inc. (NYSE:HIW) is -1.32% away from the 20-Day Simple Moving Average. Their 50-Day Simple Moving Average is a difference of -2.26% from current levels.
Further back, their 200-Day Simple Moving Average is -0.87% difference from today’s price. Currently, the stock is -4.99% from its 50-Day High and 0.94% from the 50-day low.
RSI and Recommendations
Highwoods Properties, Inc.’s RSI is 38.21. 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 1.13% and month of 1.25%.
Wall Street analysts have a consensus 2.50 recommendation on the stock.
Highwoods Properties, Inc. (NYSE:HIW)’s performance this year to date is -0.76%. The stock has performed -1.02% over the last seven days, -1.33% over the last thirty, and -0.76% over the last three months. Over the last six months, Highwoods Properties, Inc.’s stock has been 0.44% and 7.47% for the year.