Urban Edge Properties

UE remains in Stage 4 distribution after breaking below key moving averages and near-term support, confirming a medium-term bearish bias. Price is extended into extreme oversold territory, diminishing the immediacy of further selling. Preferred engagement is to trim into rallies toward the 9/20 EMAs and the broken support-turned-resistance zone. A sustained reclaim above these levels would invalidate the bearish medium-term outlook.

• ↑Q2 FFO per share $0.40, +10% YoY, exceeded expectations
• ↑Executed 26 leases with 13% cash spread; year-end target >20%
• ↓Negative profitability metrics point to weak returns and cash flow