Broadstone Net Lease, Inc. (BNL) — Diversified REITs. Numbers-first dossier: valuation, distress risk, calibrated signal.

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Bid — × — AskUpdated Nov 6, 2026 · 4:00 PM ETVol 2.69M · 3-mo avg 2.52M

Broadstone Net Lease, Inc. (BNL)

BNLBroadstone Net Lease, Inc.loading…
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QTick signal
+6net
3 bull / 0 bear factors · moderate
Bull 7 pts·Bear 1 pts30d
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Market context—Sector read · not on fileRiskBalance sheet · Distress—Inflation-report days · not on fileOKCalm trading · sharp-drop risk 3/100 · Nov 6
$17.42
near a recent low, a support level and a heavy put-option level · Nov 6
$18–19
near the top of its usual range and the 50-day average trade price · midpoint $18.44 · Nov 6
±$1.44
±8.2% up or down, priced by the options market
Death cross
50-day average is below the 200-day — a downtrend
Low
61% of similar setups fell 10% or more within 3 months · 0.8× the usual rate
Death cross
50-day average is below the 200-day — a downtrend
Trading volume25% below normal0.75× its 20-day average
Past year's range$16.70 – $23.10lowest to highest price
From its peak37.3% belowpeak $27.93, highest since 2020
Gain vs. risk0.75 to 1$0.75 possible gain per $1 at risk
Plan fails below$16.28the setup is broken under this price
Options pressure point$17.50price can drift here near expiry
Momentum (RSI)43.4fires under 35 · fires near $16.66
Accounting warning signs1worth checking — see the list
Price vs. profit26.1× next year23.4× last 12 months
Price vs. its own pastpricier than 39%of the last 5 years · usual P/E 26.3×
Cash it generates8.0%of its market value, per year

Last session traded in line with its own normal, price down 1.2%. Over the last 20 sessions, 52% of the volume traded on days the stock closed lower.

Entry strategy · 10 triggers

4 of 6 aligned — not yet
RSI 14
●
43.4
fires under 35 · fires near $16.66
vs 50-day
✓
$18.65
below the line
Bollinger
●
$16.81
no lower pierce · fires near $16.66
VWAP 20
✓
$17.63
below the rolling VWAP
Entry level
✓
$17.42
within 1% of model level
Put wall
✓
$17.50
2026-11-20 expiry · chain of 2026-11-06
MACD
Context✓
+0.11
histogram above zero · fading
RVolStatic
0.75×
in line with its own normal
Short int.Static
11.0%
short interest below 20%
ATRStatic
$0.56
14-session average true range
A checklist, not odds on a return: 4 of 6 usable price conditions have to line up. RSI, the 50-day average and the Bollinger band move with the price you set; the 20-day average traded price, the entry level and the busiest put strike stay fixed. MACD, RVol, Short int. and ATR are context only — they never count toward the total.
See the full case→
Next earnings
2027-02-17
in 68 sessions
Next dividend
USD 0.29
ex-date 2026-12-31