Highwoods Properties, Inc. (NYSE:HIW) Ducks Under The Trend Line

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.

Moving Average 

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.

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