Acadia Realty Trust (AKR) is Overbought, What's Next?

Zacks

Although Acadia Realty Trust (AKR) is up over 6.4% in the past four weeks, investors may be concerned. After all, AKR is now in overbought territory, at least when looking at its RSI value of 71.7. If that wasn’t enough, investors should also note that Acadia Realty Trust possesses a Zacks Rank #4 (Sell), so if analyst perception is any guide, we could witness a slump in AKR shares before too long.



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