Retail REIT EPR Properties Could Test Its Long-Term Uptrend

 | Mar 09, 2017 | 2:33 PM EST
  • Comment
  • Print Print
  • Print
Stock quotes in this article:


EPR Properties  (EPR) has been in an uptrend for several years, but recent weakness on the chart could mean a test of this uptrend in the weeks ahead.

In this daily chart of Kansas City-based EPR, below, we can see a four-month selloff that resulted in the stock breaking below the 50-day and the 200-day moving average lines. From the mid-November nadir EPR made a recovery of a little more than half its decline. Prices have been unable to sustain themselves above the 50-day and 200-day averages. 

The On-Balance-Volume (OBV) line has generally moved up and down with the price action and is currently pointing down. The MACD oscillator has also weakened toward a possible move below the zero line and an outright sell signal.

In this three-year weekly chart of EPR, below, we can see that prices just closed below the rising 40-week moving average line. The weekly OBV line looks like it is turning down again and the MACD is barely above the zero line.

In this Point and Figure chart of EPR, below, we can see the durable uptrend going back to 2011. Prices are currently in a down column (Os) with support visible in the $70 to $66 area. Prices look like they can decline further to retest this area.

Bottom line: EPR has turned lower and could retrace all of its November to March advance. A break of the November low would be negative both in the short-run and the long-run. I can't say it will happen but investors should be prepared.

Columnist Conversations

we like this chart here, it appears ready to move higher. BOUGHT BZUN OCT 35 CALL AT 3.40
Large-cap, high-quality McKesson (MCK) is too cheap now, at $147.51 or so. The stock hit $243.60 more than 2.5...
View Chart »  View in New Window » View Chart » 



News Breaks

Powered by


Except as otherwise indicated, quotes are delayed. Quotes delayed at least 20 minutes for all exchanges. Market Data provided by Interactive Data. Company fundamental data provided by Morningstar. Earnings and ratings provided by Zacks. Mutual fund data provided by Valueline. ETF data provided by Lipper. Powered and implemented by Interactive Data Managed Solutions.

TheStreet Ratings updates stock ratings daily. However, if no rating change occurs, the data on this page does not update. The data does update after 90 days if no rating change occurs within that time period.

IDC calculates the Market Cap for the basic symbol to include common shares only. Year-to-date mutual fund returns are calculated on a monthly basis by Value Line and posted mid-month.