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

Zacks Equity Research

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.

ACADIA RLTY TR (AKR): Free Stock Analysis Report

Zacks Investment Research