Large Inflow of Money Witnessed in Spirit Realty Capital

Spirit Realty Capital (SRC): $21.89 million was the positive money flow into the stock on Thursday and the up/down ratio of ticks was also in favor of the bulls at 3.32. The value of trades done on upticks was $31.32 million, whereas, trades done on downticks were valued at $9.43 million. Money flows are calculated as the dollar value of composite uptick trades minus the dollar value of downtick trades. large traders, also sometimes called as the smart money, block traded $22.25 million worth stocks on upticks, which is a bullish indication. The downticks accounted only for $0.86 million worth of block trades showing a lack of interest among the large traders to sell the stock down. The up/down ratio of 25.89 was strongly in favor of the bulls. The money flow in block trades was $21.39 million. Spirit Realty Capital (SRC) fell $0.1 traded at $12.96, a change of -0.77% over the previous day. The stock is 1.41% for the week.


Spirit Realty Capital (SRC) : 11 Wall Street analysts covering Spirit Realty Capital (SRC) believe that the average level the stock could reach for the short term is $12.27. The maximum price target given is $14 and the minimum target for short term is around $11, hence the standard deviation is calculated at $0.93. The stock has recorded a 20-day Moving Average of 7.27% and the 50-Day Moving Average is 10.87%.

Spirit Realty Capital (NYSE:SRC): The stock opened at $13.03 on Thursday but the bulls could not build on the opening and the stock topped out at $13.03 for the day. The stock traded down to $12.72 during the day, due to lack of any buying support eventually closed down at $12.96 with a loss of -0.77% for the day. The stock had closed at $13.06 on the previous day. The total traded volume was 9,247,889 shares.

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