Regency Centers saw a positive improvement to its Relative Strength (RS) Rating on Monday, rising from 70 to 77.
Can You Really Time The Stock Market?
IBD's proprietary rating measures market leadership with a 1 (worst) to 99 (best) score. The rating shows how a stock's price behavior over the trailing 52 weeks compares to all the other stocks in our database.
Over 100 years of market history shows that the market's biggest winners typically have an RS Rating north of 80 in the early stages of their moves. See if Regency Centers can continue to show renewed price strength and clear that threshold.
Regency Centers is building a consolidation with a 78.18 entry. See if it can break out in volume at least 40% above average.
Earnings grew 11% last quarter, up from 7% in the prior report. Revenue also increased, from 4% to 5%.
The company earns the No. 21 rank among its peers in the Finance-Property REITs industry group. CareTrust REIT, Welltower and Sabra Healthcare 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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