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Climbing Above 50-day Moving Average Line

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Today, Nexus Real Estate Investment Trust climbed above its 50-day moving average line on stronger than average daily volume, a BULLISH signal.

TradingView's technical analysis summary is BUY:

tradingview.com/symbols/TSXV-NXR.UN/

According to the Wall Street Journal, this stock has a consensus analyst rating of BUY and a price target of $1.97:

wsj.com/market-data/quotes/CA/XTSX/NXRUT/research-ratings

The top 20 investment funds that own this stock own 10,431,007 shares and, on a net basis, they have been accumulating shares lately:

morningstar.ca/ca/report/stocks/ownership.aspx?t=0P0000XMRO&lang=en-CA

GLTA!

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