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Tale of the Tape

Zacks Equity Research

Investors Real Estate Trust (IRET) Enters Overbought Territory
October 24, 2013

IRET

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Investors Real Estate Trust (IRET) has moved higher as of late, but there could definitely be trouble on the horizon for this company. That is because IRET is now in overbought territory with an RSI value of 70.5. Furthermore, Investors Real Estate Trust currently has a Zacks Rank #4 (Sell), suggesting that investors may want to consider exiting this stock now before it falls back to Earth.