Ventas Inc

VTR is in a Stage 2 advancing uptrend with price extended above rising EMAs and in extreme overbought territory. Under our Stable strategy, we defer fresh entries and will look to stalk pullbacks into dynamic support around the 9/21EMA zone or prior resistance turned support for a higher-probability engagement.

• ↑Normalized FFO per share rose to $0.94, up 9% YoY
• ↑Same-store cash NOI grew 15% driven by occupancy gains
• ↓Operating expenses expected to rise ~5% YoY, pressuring margins