Top 2 Real Estate Stocks That May Fall Off A Cliff In Q4
Portfolio Pulse from Avi Kapoor
Kilroy Realty Corp (KRC) and Douglas Emmett Inc (DEI) are identified as overbought real estate stocks with high RSI values, indicating potential short-term price declines. KRC's RSI is 72.10, and DEI's is 73.78, both above the overbought threshold of 70.
October 16, 2024 | 6:20 pm
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NEGATIVE IMPACT
Douglas Emmett Inc is considered overbought with an RSI of 73.78, suggesting a potential short-term price decline. The stock has gained 11% over the past month.
DEI's RSI of 73.78 indicates it is overbought, which often leads to a price decline. The recent 11% gain over the past month suggests a possible pullback.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 90
NEGATIVE IMPACT
Kilroy Realty Corp is considered overbought with an RSI of 72.10, suggesting a potential short-term price decline. The stock has gained 11% over the past five days.
KRC's RSI of 72.10 indicates it is overbought, which often precedes a price decline. The recent 11% gain increases the likelihood of a pullback.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 90