ESSENTIAL PROPERTIES REALTY (NYSE:EPRT) – A Strong Technical Setup for Breakout Investors

ESSENTIAL PROPERTIES REALTY (NYSE:EPRT) has been identified as a compelling technical breakout candidate by our screening process. The stock combines strong technical health with a well-defined consolidation pattern, suggesting potential for a near-term upward move.

Technical Strength

• High Technical Rating (9/10): EPRT demonstrates consistent strength across both short and long-term trends. The stock is outperforming 80% of the broader market and ranks in the top 13% of its industry (Diversified REITs).
• Positive Trends: Both short-term and long-term trends are upward, supported by rising moving averages (20-day, 50-day, 100-day, and 200-day).
• Relative Strength: The stock trades near the upper end of its 52-week range, aligning with the S&P 500’s performance but showing stronger relative momentum.

Setup Quality

• Tight Consolidation (Setup Rating 9/10): EPRT has been trading in a narrow range between $30.98 and $32.69 over the past month, indicating reduced volatility and a potential base for a breakout.
• Clear Support Levels: Two key support zones exist at $31.53-$32.45 and $30.58, providing well-defined risk areas for stop-loss placement.
• Recent Pocket Pivot: A bullish volume accumulation signal was recently detected, reinforcing the potential for upward momentum.

Trade Considerations

• Entry Point: A breakout above $32.70 could serve as a potential entry trigger.
• Risk Management: A stop-loss below $31.52 limits downside risk to ~3.6%.

For a deeper technical analysis, review the full TA report for EPRT.

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Disclaimer

This is not investment advice. Always conduct your own analysis and consider risk tolerance before trading.