DRV tracks the inverse of commercial REITs. Ever since the pandemic began several companies have instituted work from home policies. A large majority of companies will either default or give up on their leases. On the other side hotels & malls are not seeing much traffic either. All this points to a drastic drop in returns for REITs. Technicals: Daily RSI has had higher lows. Volume is picking up. MACD turned green and is heading to bullish territory The price is trying to break a resistance level.
Note: This is not financial advise. Please do your own research.
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