Hudson Pacific Properties Inc

HPP has carved a shallow support zone around $12.00–$12.25 and is oversold on the RSI, offering a tactical long via mean reversion above the 200-day SMA. Price action shows multiple rejections of lower levels, and the Mean Reversion Eligible override supports a bullish medium-term stance. While the intermediate trend remains bearish, long-term structure holds above rising 200-day support. Caution is warranted given muted volume on rallies and the pattern’s indication of ongoing speculative unwind.

• ↑Signed 1.3M sq ft of new and renewal leases in Q2, including 891k sq ft with City and County of SF.
• ↑Sequential occupancy up 470 bps to 82.5%, marking four straight quarters of increase.
• ↓Reported Q2 net loss of $1.62 per share vs. est. $0.72, indicating deepening operational losses.