See how the Rectangle is playing out for REG. View live chart.
Sideways movement between parallel supports.
Bearish continuation if preceding move was down.
Bearish continuation pattern.
Consolidation. Can break either way.
A clear signal has emerged for Regency Centers (REG) on the daily chart. With a last close of $76.88, volatility remains active (-0.63%). Algorithmically, a Bearish Flag structure has completed. This setup is supported by average volume turnover. A potential breakout level is identified at $74.92, targeting $67.1 with support near $81.04 (R:R 1.28).
What is your outlook on REG?