U.S. Markets closed

Biomed Realty (BMR) Enters Overbought Territory

Zacks Equity Research

Biomed Realty Trust Inc. (BMR) has moved higher as of late, but there could definitely be trouble on the horizon for this company. That is because BMR is now in overbought territory with an RSI value of 70.2. Furthermore, Biomed Realty currently has a Zacks Rank #4 (Sell), suggesting that investors may want to consider exiting this stock now before it falls back to Earth.

BIOMED REALTY TRUST INC (BMR): Free Stock Analysis Report

Zacks Investment Research