Pebblebrook Hotel (PEB) is Overbought, What’s Next? – Tale of the Tape

Zacks

Although Pebblebrook Hotel Trust (PEB) is up over 6.5% in the past four weeks, investors may be concerned. After all, PEB is now in overbought territory, at least when looking at its RSI value of 70.8. If that wasn’t enough, investors should also note that Pebblebrook Hotel possesses a Zacks Rank #4 (Sell), so if analyst perception is any guide, we could witness a slump in PEB shares before too long.

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