Live monitoring of the Diamond setup on ARE. See where price is heading.
Indecision. Widening then narrowing range.
Market participants tracking Alexandria Real Estate Equities should note the latest formation. The stock is trading at $50.94, up 1.64% on the day. Price action has carved out a classic Diamond. Volume is average (0.48x avg) with moderate trend strength (11.3). A potential breakout level is identified at $55.47, targeting $63.75 with support near $51.33 (R:R 2.0).
What is your outlook on ARE?