Healthcare Trust of Am Shows Rising Price Performance With Jump To 82 RS Rating
Healthcare Trust of Am had its Relative Strength (RS) Rating upgraded from 78 to 82 Tuesday.
When you're researching the best stocks to buy and watch, keep a close on eye on relative price strength.
This exclusive rating from Investor's Business Daily tracks share price performance with a 1 (worst) to 99 (best) score. The rating shows how a stock's price performance over the trailing 52 weeks stacks up against all the other stocks in our database.
Over 100 years of market history reveals that the stocks that go on to make the biggest gains typically have an RS Rating of over 80 in the early stages of their moves.
Healthcare Trust of Am is now considered extended and out of buy range after clearing a 29.69 buy point in a first-stage double bottom. See if the stock forms a new pattern or follow-on buying opportunity like a three-weeks tight or pullback to the 50-day or 10-week moving average.
Healthcare Trust of Am reported 5% EPS growth in the latest quarterly report. Sales rose 5%. Look for the next report on or around Nov. 3.
The company earns the No. 41 rank among its peers in the Finance-Property REITs industry group. Power REIT and Weyerhaeuser are also among the group's highest-rated stocks.