Thursday, May 6, 2010

Entertainment Properties Trust Tops $45.79: Enters New Trading Range (EPR)

Entertainment Properties Trust traded in a range yesterday that spanned from a low of $44.33 to a high of $46.50. Yesterday's high of the day pierced the 3-day high of $45.79 on volume of 363,000 shares.
Shares of Entertainment Properties Trust have been range bound for the past 3-days between a high of $45.79 and a low of $43.84 and have traded with a 30-day average daily volume of 384,000 shares.
Look for shares of EPR to trade within a new higher trading range with support at $45.79 and move along with its piers in the REIT- Diversified SmarTrend industry.
SmarTrend is bullish on shares of Entertainment Properties Trust and our subscribers were alerted to Buy on December 14, 2009 at $34.44. The stock has risen 34.8% since the alert was issued.

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