Rc stock price technical support for RC stock price

Technical support for RC stock price holds strong near $9.58, tested multiple times over the past month. Failure to breach this level could attract swing traders aiming for quick 4–5% gains. With respect to the commercial property sectors, multifamily tends to be the most attractive to mortgage REITs due to the unaffordability of single-family homes and a chronic shortage of supply in the United States. On the contrary, office and mixed-use properties need the most caution and diligence in the prevailing situation. However, issues with office and mixed-use loans could get better with a rise in employers requiring employees to return to the office. The quarterly performance shows significant stress, with a net loss of $53.7 million , heavily impacted by a $39.7 million increase in valuation allowance and $14.4 million loss on bargain purchase. Management is executing a deliberate strategy to emerge from what they describe as a challenging commercial real estate cycle, including the sale of 21 loans with a carrying value of $494 million for just $85 million - indicating substantial losses on these assets. Macro trends point to potential upside in RC stock price if benchmark interest rates are cut mid-year. Historical patterns show the stock tends to outperform REIT peers in early rate-cut cycles.