Uniti Group (UNIT) is a real estate investment trust (REIT) that focuses on the acquisition and construction of mission-critical communications infrastructure. They own and operate a diversified portfolio of properties, including fiber optic networks, cell towers, and data centers, which are leased to a variety of tenants in the telecommunications industry.
However, recent market conditions have led to an aggressive sell-off in UNIT stock. From a technical analysis perspective, the stock's price has been experiencing a significant downward trend, with heavy selling pressure and declining volume.
For more technical analysis sign up for the FREE Chart Of The Day.
Recent Posts
Technical Analysis of Gap Inc.
Gap Inc. is a leading global retailer that offers clothing, accessories, and personal care products for men, women, and children. With a portfolio of well-known brands including Gap, Old Navy, Banana Republic, and Athleta, Gap Inc.
Technical Analysis of CCC Intelligent Solutions
CCC Intelligent Solutions Holdings, Inc. is a provider of innovative cloud, mobile, telematics, hyperscale technologies, and applications for the property and casualty (“P&C”) insurance economy.
Technical Analysis of Dick's Sporting Goods Inc.
Dick's Sporting Goods Inc. is a leading sporting goods retailer that offers a wide range of athletic apparel, footwear, equipment, and accessories.
Technical Analysis of Credo Technology Group Holdings
Credo Technology Group Holding Ltd. engages in the development of connectivity solutions and products for the data infrastructure market.
Technical Analysis of HP Inc.
HP Inc. is a leading technology company that specializes in providing a wide range of products and solutions for personal computing, printing, and imaging. With a strong presence in the global market, HP Inc.