See how the Ascending Triangle is playing out for REG. View live chart.
Bullish continuation pattern.
Sideways movement between parallel supports.
Consolidation. Can break either way.
Market participants tracking Regency Centers should note the latest formation. Currently at $76.98, the asset is showing upward momentum (1.14%). Algorithmically, a Ascending Triangle structure has completed. The trend indicator is reading 5.6/100, suggesting moderate momentum. A potential breakout level is identified at $79.13, targeting $84.35 with support near $73.91 (R:R 1.0).
What is your outlook on REG?