Site Centers Corp

SITC is in a Stage 4 decline with a persistent downtrend and active lower highs and lower lows under declining EMAs. Price is extreme oversold with only a minor bounce, lacking structural repair or acceptance above resistance, suggesting that selling momentum remains intact. Best to defer additional bearish execution until price rallies into moving averages or resistance zones.

• ↑Expected same-store NOI growth of 3.5–5.5% in 2024.
• ↑Q1 2023 occupancy at 95.9% underscores robust tenant demand.
• ↓Chain bankruptcies (e.g., Bed Bath & Beyond) risk $1M+ in lost rents.