Alexandria Real Estate Equities (ARE) is Overbought, What's Next?

Zacks

Although Alexandria Real Estate Equities Inc. (ARE) is up over 8.9% in the past four weeks, investors may be concerned. After all, ARE is now in overbought territory, at least when looking at its RSI value of 74.1. If that wasn’t enough, investors should also note that Alexandria Real Estate Equities possesses a Zacks Rank #4 (Sell), so if analyst perception is any guide, we could witness a slump in ARE shares before too long.



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