RLJ Lodging Trust

RLJ is exhibiting a persistent downtrend with clear lower highs and lower lows under declining EMAs. The medium-term structure remains bearish as supply dominates demand, and short-term momentum continuation signals a favorable environment for execution now. We recommend selling into minor relief rallies around the 9- and 20-day EMA cluster to capitalize on continued downside pressure.

• ↑Q2 revenue $383M (+5.5% YoY) and EPS $0.17 beat estimates by 41%.
• ↑RevPAR rose 6.8% to $167 with ADR up to $217.
• ↓Per occupied room expenses increased 4.9%, compressing margins.