iStar Financial (SFI) Bearish Technical Alert - Trend Down 14.2%

Posted on: Tue, 25 Aug 2009 15:25:00 EDT

Symbols: SFI

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Aug 25, 2009 (SmarTrend(R) Spotlight via COMTEX) --
SFI | Quote | Chart | News | PowerRating -- iStar Financial (NYSE:SFI) is trading 2.3% lower (down $0.05 to $2.17) today on volume of 391,600 shares. The stock has traded within a 52-week range of $0.66 and $6.53.

iStar Financial is currently below its 50-day moving average of $2.55 and below its 200-day moving average of $2.33.

SmarTrend is bearish on shares of SFI and our subscribers received a Downtrend alert on June 25, 2009 at $2.53, which has returned 14.2% to date.

Write to Chip Brian at cbrian@tradethetrend.com

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For full details on Istar Financial Inc (SFI) SFI. Istar Financial Inc (SFI) has Short Term PowerRatings at TradingMarkets. Details on Istar Financial Inc (SFI) Short Term PowerRatings is available at This Link.

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