Service Properties Trust

Price remains firmly in a Stage 4 downtrend with sequential lower highs and lows trading below declining EMAs. Despite extreme oversold context, no reliable support bounce has formed. We maintain a bearish medium-term stance and defer execution, planning to trim into rallies toward the 9/20/50 EMA cluster and recent intra-range highs as supply zones.

• ↑Shares trade at $8.17, ~33% below $12.19 fair value
• ↑Redeemed $550m unsecured debt, cutting annual interest expense by $30m
• ↓Q2 net loss of $223.8m (–$1.75/share) highlights restructuring challenges