Top 4 Real Estate Stocks That May Fall Off A Cliff This Quarter
Portfolio Pulse from Avi Kapoor
Four real estate stocks, InvenTrust Properties Corp (IVT), Service Properties Trust (SVC), Essential Properties Realty Trust Inc (EPRT), and Realty Income Corp (O), are showing overbought signals with high RSI values, indicating potential short-term declines. Investors should be cautious as these stocks may face downward pressure.
July 22, 2024 | 11:52 am
News sentiment analysis
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NEGATIVE IMPACT
Essential Properties Realty Trust Inc (EPRT) has an RSI of 80.20, indicating it is significantly overbought. Despite a recent price target increase, the stock may see a pullback.
The very high RSI value suggests the stock is significantly overbought, and despite the positive analyst rating, it may face a short-term correction.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100
NEGATIVE IMPACT
InvenTrust Properties Corp (IVT) has an RSI of 77.13, indicating it is overbought. The stock is near its 52-week high and will report earnings on July 31, which could lead to volatility.
The high RSI value suggests the stock is overbought, and the upcoming earnings report could lead to a correction if results disappoint.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
NEGATIVE IMPACT
Realty Income Corp (O) has an RSI of 74.13, indicating it is overbought. The stock will report earnings on August 5, which could lead to volatility.
The high RSI value suggests the stock is overbought, and the upcoming earnings report could lead to a correction if results disappoint.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
NEGATIVE IMPACT
Service Properties Trust (SVC) has an RSI of 70.87, indicating it is overbought. Despite a recent dividend announcement, the stock may face short-term pressure.
The high RSI value suggests the stock is overbought, and despite the dividend announcement, it may face short-term selling pressure.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 100