Please Note: Blog posts are not selected, edited or screened by Seeking Alpha editors.

MPG Office Trust - MPG - Buy Signals

|Includes: MPG Office Trust, Inc. (MPG-OLD)

I just placed an order for MPG Office Trust (NYSE:MPG) in the BarchartVan Meerten Speculative portfolio for positive price momentum:

Barchart technical indicators:


  • 88% Barchart technical buy signal
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 14 new highs and up 29.80% in the last month
  • Relative Strength Index 71.61%
  • Barchart computes a technical support level at 2.28
  • Recently traded at 2.57 with a 50 day moving average of 2.01

Disclosure: I am long MPG.