Industrial Logistics Properties Trust

ILPT shows signs of a Stage 3 distribution as a Double Top and Bullish Exhaustion pattern emerge at recent highs, signaling medium-term bearish asymmetry despite a broader uptrend. Short-term conditions lack a clear entry edge, warranting patience for weakness into key EMAs before selling. Deferred trimming in the resistance zone near the peaks aligns with current structural signals.

• ↑Q1 normalized FFO of $22M ($0.33/share) up 63% YoY
• ↑Leased 862K sq ft at 26.3% rent roll-up; 94.6% occupancy
• ↓Leverage ratio elevated, limiting flexibility in a rising rate environment