The intraday price for Business Parks has moved above its 200 period 30 minute moving average of 63.1. PSB is near 63.35 bucks now. Breaking above the moving average adds to the positive trend in the price.

The price is above the trend line, which is about $63.05. Falling below that might indicate a change in trend.

Other stocks to watch – these are correlated with Business Parks:

Dws Infrastru X Index [Tr] (SDWI) with a correlation of 98.36%

Southwest Gas Corp. (SWX) with a correlation of 99.11%

Washington Real Estate Investment (WRE) with a correlation of 98.76%

World Acceptance Corp. (WRLD) with a correlation of 98.02%

DB X-TRACKERS MSCI RUSSIA 25% CAPPED INDEX ETF (XMRC) with a correlation of 98.41%