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Post Properties (PPS) Bearish Technical Alert - Trend Down 4%

Nov 03, 2009 (SmarTrend(R) Spotlight via COMTEX) --

Company: Post Properties, Inc. (PPS)

Post Properties (NYSE:PPS) is trading 2.4% lower (down $0.40 to $16.00) today on volume of 611,717 shares. The stock has traded within a 52-week range of $8.99 and $22.24.

Post Properties is currently below its 50-day moving average of $17.41 and should find support at its 200-day moving average of $14.14.

SmarTrend is bearish on shares of PPS and our subscribers received a Downtrend alert on October 27, 2009 at $16.67, which has returned 4% to date.

Write to Chip Brian at cbrian@tradethetrend.com

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News Provided by COMTEX

Company: Post Properties, Inc. (PPS)


Related terms: market, nyse, securities

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