Getty Realty Corp

GTY’s longer-term uptrend remains intact, but intermediate distribution structure and active bearish patterns signal the potential for a sustained multi-month retracement. Price is below key short-term EMAs and has broken down toward the rising trendline/200-day SMA. We will sell now, participating in the continuation on a breakdown below the $32.00–32.10 support zone.

• ↑Base rent up 9.9% YoY; occupancy steady at 99.8%.
• ↑Q2 AFFO per share rose 5.1% to $0.62; annualized rent +15%.
• ↓Debt/EBITDA ratio of 5.3× may strain under rising rates.