Cohen & Steers REIT and Preferred and Income Fund (RNP, $21.55) entered Downtrend as Momentum indicator drops below 0 level on Mar 06, 2025

#TechnicalAnalysis, #Momentum, #Bearish, #ETFs
RNP - Cohen & Steers REIT and Preferred and Income Fund
Momentum signal
Bearish Trend
86%
Odds of DOWN Trend
Price: $21.55
Daily change: -$0.51 (-2.31%)
Daily volume: 84.9K
Net Assets: $1B

This indicator may be signaling that RNP's price has further to drop, since it fell below its price logged 14 days ago. Traders may consider selling the stock, shorting the stock, or exploring put options. A.I.dvisor backtested 81 similar cases where RNP's Momentum Indicator fell below the 0 level, and 70 of them led to a successful outcome. Odds of Success: 86%.