JBG SMITH Properties saw a positive improvement to its Relative Strength (RS) Rating on Thursday, with an increase from 85 to 92.
How To Use Stock Charts To Stay Profitable And Protected
This exclusive rating from Investor's Business Daily identifies price movement with a 1 (worst) to 99 (best) score. The score shows how a stock's price movement over the trailing 52 weeks stacks up against all the other stocks in our database.
Decades of market research shows that the market's biggest winners tend to have an RS Rating north of 80 in the early stages of their moves.
JBG SMITH Properties has moved more than 5% past an 18.66 entry in a first-stage cup with handle, meaning it's now out of a proper buy range. Look for the stock to create a new chance to get in like a three-weeks tight or pullback to the 50-day or 10-week line.
Earnings grew 6% last quarter, up from -69% in the prior report. Revenue also increased, from -17% to -7%.
The company holds the No. 53 rank among its peers in the Finance-Property REITs industry group. CareTrust REIT, NetSTREIT and Welltower 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.
RELATED:
Which Stocks Are Showing Rising Relative Strength?
Why Should You Use IBD's Relative Strength Rating?
How Relative Strength Line Can Help You Judge A Stock
Ready To Grow Your Investing Skills? Join An IBD Meetup Group!
