Summary

• ACRES Commercial Realty (ACR) has shown strong technical buy signals, gaining 33.05% since Trend Seeker's buy signal on January 16.

• ACR's technical indicators include 100% buy signals, a 93.35% gain in the last year, and it is above its 20, 50, and 100-day moving averages.

• Fundamental factors show a market cap of $183 million, a P/E of 22.98, and expected earnings growth of 40.82% this year.

• Analysts have mixed opinions with 2 strong buys and 1 hold, while MorningStar finds the stock 6% undervalued.

The Chart of the Day belongs to the mortgage REIT ACRES Commercial Realty (ACR) . I found the stock by using Barchart's powerful screening functions to find stocks with the highest technical buy signals, highest Weighted Alpha, superior current momentum and having a Trend Seeker buy signal then used the Flipchart feature to review the charts for consistent price appreciation. Since the Trend Seeker signaled a buy on 1/16 the stock gained 33.05%.

ACR Price vs Daily Moving Averages:

ACR (Barchart)

ACRES Commercial Realty Corp., a real estate investment trust (REIT), focuses on the origination, holding, and management of commercial real estate mortgage loans and equity investments in commercial real estate property in the United States. It invests in commercial real estate-related assets, including floating-rate first mortgage loans, first priority interests in first mortgage loans, subordinated interests in first mortgage loans, mezzanine financing, preferred equity investments, and commercial mortgage-backed securities. The company qualifies as a real estate investment trust for federal income tax purposes. It generally would not be subject to federal corporate income taxes if it distributes at least 90% of its taxable income to its stockholders. The company was formerly known as Exantas Capital Corp. and changed its name to ACRES Commercial Realty Corp. in February 2021. ACRES Commercial Realty Corp. was incorporated in 2005 and is based in Uniondale, New York. Barchart's Opinion Trading systems are listed below. Please note that the Barchart Opinion indicators are updated live during the session every 20 minutes and can therefore change during the day as the market fluctuates. The indicator numbers shown below therefore may not match what you see live on the Barchart.com website when you read this report.

Barchart Technical Indicators:

• 100% technical buy signals
• 93.63+ Weighted Alpha
• 93.35% gain in the last year
• 2.12 - 60 month Beta
• Trend Seeker buy signal
• Above its 20, 50 and 100 day moving averages
• 11 new highs and up 20.40% in the last month
• Relative Strength Index 80.43%
• Technical support level at $23.32
• Recently traded at $23.59 with 50 day moving average of $19.32

Fundamental Factors:

• Market Cap $183 million
• P/E 22.98
• Revenue expected to grow 3.19 % this year
• Earnings estimated to increase 40.82% this year and an additional 38.42% next year

Analysts and Investor Sentiment -- I don't buy stocks because everyone else is buying but I do realize that if major firms and investors are dumping a stock it's hard to make money swimming against the tide:

• Wall Street analysts issued 2 strong buy and 1 hold opinion on the stock with price targets between $21 and $22 with a mid-point of $21.50
• CFRAs MarketScope rate the stock a hold
• MorningStar thinks the stock is 6% under valued
• 8,930 investors monitor the stock on Seeking Alpha

Additional disclosure: The Barchart Chart of the Day highlights stocks that are experiencing exceptional current price appreciation. They are not intended to be buy recommendations as these stocks are extremely volatile and speculative. Should you decide to add one of these stocks to your investment portfolio it is highly suggested you follow a predetermined diversification and moving stop loss discipline that is consistent with your personal investment risk tolerance and reevaluate your stop losses at least on a weekly basis.