The most oversold stocks in the real estate sector presents an opportunity to buy into undervalued companies.
The RSI is a momentum indicator, which compares a stock’s strength on days when prices go up to its strength on days when prices go down. When compared to a stock’s price action, it can give traders a better sense of how a stock may perform in the short term. An asset is typically considered oversold when the RSI is below 30, according to Benzinga Pro.
Here’s the latest list of major oversold players in this sector, having an RSI near or below 30.
CubeSmart (NYSE:CUBE)
- On July 31, CubeSmart posted better-than-expected quarterly results. “The rental season saw modestly better seasonal performance compared to last year as key operating metrics maintained their positive momentum throughout the second quarter and into July,” commented President and Chief Executive Officer Christopher P. Marr. The company’s stock fell around 9% over …
Full story available on Benzinga.com
The most oversold stocks in the real estate sector presents an opportunity to buy into undervalued companies.
The RSI is a momentum indicator, which compares a stock’s strength on days when prices go up to its strength on days when prices go down. When compared to a stock’s price action, it can give traders a better sense of how a stock may perform in the short term. An asset is typically considered oversold when the RSI is below 30, according to Benzinga Pro.
Here’s the latest list of major oversold players in this sector, having an RSI near or below 30.
CubeSmart (NYSE:CUBE)
- On July 31, CubeSmart posted better-than-expected quarterly results. “The rental season saw modestly better seasonal performance compared to last year as key operating metrics maintained their positive momentum throughout the second quarter and into July,” commented President and Chief Executive Officer Christopher P. Marr. The company’s stock fell around 9% over …
Full story available on Benzinga.com
The most oversold stocks in the real estate sector presents an opportunity to buy into undervalued companies.
The RSI is a momentum indicator, which compares a stock’s strength on days when prices go up to its strength on days when prices go down. When compared to a stock’s price action, it can give traders a better sense of how a stock may perform in the short term. An asset is typically considered oversold when the RSI is below 30, according to Benzinga Pro.
Here’s the latest list of major oversold players in this sector, having an RSI near or below 30.
CubeSmart (NYSE:CUBE)
On July 31, CubeSmart posted better-than-expected quarterly results. “The rental season saw modestly better seasonal performance compared to last year as key operating metrics maintained their positive momentum throughout the second quarter and into July,” commented President and Chief Executive Officer Christopher P. Marr. The company’s stock fell around 9% over …Full story available on Benzinga.com Read MoreCUBE, EPR, Expert Ideas, Long Ideas, LXP, News, OVERSOLD, Pro Project, Real Estate, RSI, Pre-Market Outlook, Markets, Trading Ideas, EPR, US29380T1051, LXP, US5290431015, CUBE, Long Ideas, News, Pre-Market Outlook, Markets, Trading Ideas, Benzinga Markets
