RPT Realty $RPT Stock Testing 50 Day Moving Average As Money Flow Plunges

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RPT Realty $RPT stock fell to its 50 day moving average on December 19, 2022. $RPT stock looks like it may fail to hold above the 50 day moving average because the money flow and MACD are both increasing on the negative side. The stock is in a technical weak downtrend.

RPT Realty stock chart on December 19 2022 testing its 50 day moving average with the money flow plunging lower
RPT Realty stock chart on December 19 2022 testing its 50 day moving average with the money flow plunging lower

Dark Pool Trade In RPT Realty

A dark pool trade occurred in $RPT stock on December 16, 2022. The dark pool trade was valued at $5.7 million. We think the dark pool trade was a sell order because the stock fell following the trade hitting the tape.

RPT Realty stock chart on December 19 2022 with a dark pool trade shown with an orange bar
RPT Realty stock chart on December 19 2022 with a dark pool trade shown with an orange bar

Make sure to review this lesson on dark pool trading so that you understand the chart above.

Shopping centers could be facing a tough times as the economy grinds to a halt from interest rate hikes.

RPT Realty price target lowered at Mizuho

On November 11, 2022, Mizuho analyst Haendel Juste maintained a Neutral rating on the stock while lowering the firm’s price target for RPT Realty to $10. As portfolios surpass pre-COVID levels, the analyst anticipates less future incremental occupancy upside for shopping center real estate investment trusts. Haendel Juste informed investors in a research note that incremental internal growth will primarily be accomplished through leasing spreads and embedded rents, with higher operating and financing costs serving as a partial offset.

The Rise and Fall of American Malls

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