First Industrial Realty Trust, Inc.

Stage 3 · Topping · week 5

As of Oct 22, 2026, First Industrial Realty Trust is in Stage 3, the topping phase, now in week 5 (since Sep 21, 2026). It closed at $55.29, 19.0% below its 52-week high and below its 200-day average, which is rising.

First Industrial Realty Trust, Inc. is a leading U.S.-only owner, operator, developer and acquirer of logistics properties. More about the company

$55.29

-6.92% today

$7.6B · Mid cap

Market Neutral — Building

Pro read

Pro

Our read

Topping: the uptrend is tiring

Setup score

—

Momentum

Steady

Edge

—

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Stage Cycle Timeline2023-08-16 → 2026-10-22

S2 15w

S2 51w

2023-08-162026-10-22

S1S2S3S4Setup score (0–10, dashed line at 5)

S2 1w → S3 5w → S4 12w → S1 5w → S2 12w → S3 5w → S4 8w → S1 2w → S2 15w → S3 13w → S2 9w → S3 1w → S4 10w → S1 12w → S2 51w → S3 5w current

Total tracked: 165 weeks across 16 stage runs.

FR among REIT - Industrial9th of 15 by relative strength

All 15 →

Stocks in REIT - Industrial ranked by relative strength, with stage and one-month change
#	Stock	Stage	RS	1M
1	LXPLXP Industrial Trust	Stage 2 · wk 25	78	+0.3%
2	ILPTIndustrial Logistics Properties Trust	Stage 3 · wk 7	77	−2.7%
3	EGPEastGroup Properties, Inc.	Stage 3 · wk 6	67	+0.9%
4	IIPRInnovative Industrial Properties, Inc.	Stage 3 · wk 7	67	+2.3%
5	COLDAmericold Realty Trust, Inc.	Stage 3 · wk 5	64	+0.5%
6	TRNOTerreno Realty Corporation	Stage 3 · wk 5	62	+0.3%
7	PLDPrologis, Inc.	Stage 4 · wk 2	58	−5.4%
8	PSAPublic Storage	Stage 3 · wk 6	58	+7.8%
9	FRFirst Industrial Realty Trust, Inc.	Stage 3 · wk 5	57	−8.7%

vs 52W High

-19.0%

$53.23 lo$68.30 hi

19.0% below 52W high, weakening from peak

The stock is rolling over from its 52-week high. In Stage 3 distribution, new long positions carry high risk.

Stage Maturity

Week 5

1w13w26w

Week 5, early distribution

How long this stock has been in Stage 3 distribution. Longer tops often precede deeper Stage 4 declines.

vs 200 DMA

-8.8%

200 DMA: $60.60 · rising

Stock is losing its 200 DMA. Once lost, it confirms Stage 4 risk. This is a major red flag for existing holders.

Rel Volume

4.56x

vs 50-day avg

Volume spikes on down days during Stage 3 signal distribution, with institutions exiting. Stage analysis reads that as a warning against new long positions.

Trend Health

↓

Short-term trend rolling over

Two reads of momentum. The arrow shows the direction of the short-term trend: rising (↑ or ↗), flat (→) or rolling over (↓). The ⇈ mark appears when our trend model reads the move as gaining speed on top of the longer trend. Strongest when both agree.

-8.7%

-16.8%

-10.6%

YTD

-2.1%

+2.9%

Scan Membership

Breakout Watch

Latest: 2025-02-12

9 appearances in last 60 days. First seen: 2019-03-05.

A stock that keeps qualifying week after week does so because its Stage 2 structure keeps holding. Staying power in the scan says more about the trend than any single appearance.

Recent Stage Timeline

2026-10-22S3

Wk 5 · Vol 4.56x

2026-10-21S3

Wk 5 · Vol 1.09x

2026-10-20S3

Wk 5 · Vol 1.15x

2026-10-19S3

Wk 5 · Vol 1.16x

2026-10-16S3

Wk 4 · Vol 1.13x

2026-10-15S3

Wk 4 · Vol 1.62x

2026-10-14S3

Wk 4 · Vol 1.28x

2026-10-13S3

Wk 4 · Vol 1.50x

2026-10-12S3

Wk 4 · Vol 1.19x

2026-10-09S3

Wk 3 · Vol 0.86x

2026-10-08S3

Wk 3 · Vol 1.84x

2026-10-07S3

Wk 3 · Vol 1.01x

Moving averages & range

50 DMA

$60.63

200 DMA

$60.60

52W High

$68.30

52W Low

$53.23

5D Low

$55.29

Resistance levels (recent highs)

20d High

$60.76

60d High

$65.44

120d High

$68.30

250d High

$68.30

Next resistance

+9.9%

to 20d High

P/E (TTM)

20.1

Forward 30.3

Earnings Growth (YoY)

+39.3%

Revenue +8.4%

ROE

+13.6%

Profit margin +47.9%

Dividend Yield

3.37%

P/B 2.7

First Industrial Realty Trust: quick answers

What stage is First Industrial Realty Trust in?

As of Oct 22, 2026, First Industrial Realty Trust (FR) is in Stage 3, the topping phase. It entered Stage 3 on Sep 21, 2026 and is in week 5. What the four stages mean

Is First Industrial Realty Trust in an uptrend?

Its uptrend has stalled. First Industrial Realty Trust is in Stage 3, the topping phase that follows an advance. It trades 8.8% below its 200-day average, which is rising.

How far is First Industrial Realty Trust from its 52-week high?

First Industrial Realty Trust closed at $55.29 on Oct 22, 2026, 19.0% below its 52-week high of $68.30. Its 52-week low is $53.23.

How has First Industrial Realty Trust performed over the past year?

As of Oct 22, 2026, First Industrial Realty Trust is up 2.9% over the past year and down 2.1% so far in 2026.

Which sector and industry is First Industrial Realty Trust in?

First Industrial Realty Trust is in the REIT - Industrial industry, part of the Real Estate sector.

About this companyReal Estate· REIT - Industrial

First Industrial Realty Trust, Inc. is a leading U.S.-only owner, operator, developer and acquirer of logistics properties. Through our fully integrated operating and investing platform, we provide high quality facilities and industry-leading customer service to multinational corporations and regional firms that are essential for their supply chains. In total, we own and have under development approximately 72.1 million square feet of industrial space concentrated in 15 target MSAs as of June 30, 2026. First Industrial Realty Trust, Inc. was established on August 10, 1993 and is based in Chicago, United States.

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All analytics based on EOD data. Data as of 2026-10-22. Past data patterns are not indicative of future results. This page is a data analytics tool only.