Top 5 Real Estate Stocks That May Collapse In Q2
Portfolio Pulse from Lisa Levin
The article lists five real estate stocks that are considered overbought and may collapse in Q2. These include Opendoor Technologies Inc. (OPEN), SL Green Realty Corp. (SLG), Redfin Corporation (RDFN), eXp World Holdings, Inc. (EXPI), and Industrial Logistics Properties Trust (ILPT). The companies' stocks are considered overbought due to their high Relative Strength Index (RSI) values, which are all above 70.
June 28, 2023 | 12:26 pm
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NEGATIVE IMPACT
eXp World Holdings, Inc.'s stock is considered overbought with an RSI value of 70.06.
The high RSI value indicates that the stock is overbought and may be due for a price correction.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
NEGATIVE IMPACT
Industrial Logistics Properties Trust's stock is considered overbought with an RSI value of 74.95.
The high RSI value indicates that the stock is overbought and may be due for a price correction.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
NEGATIVE IMPACT
Opendoor Technologies Inc.'s stock is considered overbought with an RSI value of 77.28.
The high RSI value indicates that the stock is overbought and may be due for a price correction.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
NEGATIVE IMPACT
Redfin Corporation's stock is considered overbought with an RSI value of 71.02.
The high RSI value indicates that the stock is overbought and may be due for a price correction.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
NEGATIVE IMPACT
SL Green Realty Corp.'s stock is considered overbought with an RSI value of 74.68.
The high RSI value indicates that the stock is overbought and may be due for a price correction.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100