In a welcome move, Healthcare Realty Trust saw its Relative Strength Rating rise from 65 to 72 on Monday.
When To Sell Stocks To Lock In Profits And Minimize Losses
This proprietary rating identifies technical performance by using a 1 (worst) to 99 (best) score that indicates how a stock's price action over the last 52 weeks compares to other publicly traded companies.
Decades of market research shows that the top-performing stocks often have an RS Rating of above 80 in the early stages of their moves. See if Healthcare Realty Trust can continue to show renewed price strength and hit that benchmark.
Healthcare Realty Trust is working on a consolidation with an 18.90 buy point. See if it can clear the breakout price in volume at least 40% above average.
Top and bottom line growth moved higher last quarter. Earnings were up 8%, compared to 0% in the prior report. Revenue increased from -9% to -6%.
The company holds the No. 71 rank among its peers in the Finance-Property REITs industry group. CareTrust REIT, Postal Realty Trust Cl A and Strawberry Fields REIT are among the top 5 highly rated stocks within the group.
This article was created automatically with Stats Perform's Wordsmith software using data and article templates supplied by Investor's Business Daily. An IBD journalist may have edited the article.
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