Top 2 Real Estate Stocks That May Collapse This Month
Portfolio Pulse from Avi Kapoor
Two real estate stocks, Medical Properties Trust Inc (MPW) and American Healthcare REIT Inc (AHR), are currently overbought according to their RSI values, indicating potential short-term price declines. MPW recently settled a dispute, while AHR reported strong earnings and growth expectations.
September 13, 2024 | 9:50 am
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NEGATIVE IMPACT
American Healthcare REIT Inc (AHR) is overbought with an RSI of 87.94, indicating potential short-term price decline. Despite strong earnings and growth, the stock's recent 38% gain suggests a correction may be imminent.
AHR's RSI of 87.94 is significantly above the overbought threshold, suggesting a high likelihood of a price correction. The strong earnings report and 38% gain increase the potential for a short-term decline.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 90
NEGATIVE IMPACT
Medical Properties Trust Inc (MPW) is overbought with an RSI of 71.59, indicating potential short-term price decline. The stock recently gained 25% after settling a dispute and regaining control over its real estate.
MPW's RSI above 70 suggests it's overbought, typically leading to a price correction. The recent 25% gain post-settlement adds to the likelihood of a short-term decline.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 90