REGENCY CENTERS CORP (NASDAQ:REG) - A Strong Technical Setup in Retail REITs

REGENCY CENTERS CORP (NASDAQ:REG) has been identified as a potential breakout candidate by our technical screening process. The stock combines solid technical strength with a high-quality setup pattern, making it worth a closer look for traders focused on momentum and consolidation breakouts.

Technical Strength

REG scores a Technical Rating of 7, indicating a healthy uptrend. Key factors supporting this rating include:

• Both short-term and long-term trends are positive.
• The stock has outperformed 82% of all stocks over the past year and 85% of its peers in the Diversified REITs industry.
• Currently trading near the upper end of its 52-week range, aligning with the broader S&P 500’s performance.
• Moving averages (20-day and 200-day) are supportive, with the 20-day SMA trending upward.

Setup Quality

With a Setup Rating of 9, REG presents a compelling consolidation pattern:

• Prices have been range-bound between $69.95 and $74.30 over the past month, reducing volatility.
• A support zone between $71.74 and $72.90 provides a clear stop-loss level.
• A recent Pocket Pivot signal suggests accumulation, reinforcing the bullish case.
• Resistance sits just above at $74.68 to $77.74, offering a potential breakout target.

Trade Considerations

A breakout above $74.28 (near the 10-day high) could signal an entry, with a stop-loss below $71.73 (just under support). The risk/reward ratio is manageable, with a potential loss limited to 3.43% of the trade value.

For more details, review the full technical analysis report.

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Disclaimer

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