Agree Realty (ADC) Enters Overbought Territory - Tale of the Tape

By Zacks Equity Research,

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Agree Realty Corporation ( ADC ) has moved higher as of late, but there could definitely be trouble on the horizon for this company. That is because ADC is now in overbought territory with an RSI value of 73.6. Furthermore, Agree 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.

AGREE RLTY CORP (ADC): Free Stock Analysis Report

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

This article appears in: Investing , Investing Ideas , Stocks
Referenced Stocks: ADC

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