American Assets Trust Inc

Decisive breakdown below the 9- and 20-day EMAs accompanied by a bearish engulfing on heavy volume confirms a medium-term bearish posture; with RSI and options sentiment not yet at extreme lows, further downside toward the 50-day SMA is likely, and aggressive selling on any rally into the broken EMA zone is advised.

• ↑2025 FFO of $2.00/share tops guidance, boosting cash flow confidence
• ↑Retail portfolio 98% leased with 139k sqft signed at $30/psf avg rent
• ↓Net debt/EBITDA sits at 6.7x vs 5.5x target, limiting financial flexibility