In a welcome move, Omega Hlthcare Investors saw its Relative Strength Rating improve from 70 to 73 on Tuesday.
When To Sell Stocks To Lock In Profits And Minimize Losses
IBD's proprietary RS Rating measures technical performance by showing how a stock's price movement over the last 52 weeks compares to that of the other stocks in our database.
History reveals that the market's biggest winners often have an 80 or higher RS Rating in the early stages of their moves. See if Omega Hlthcare Investors can continue to show renewed price strength and clear that threshold.
Omega Hlthcare Investors is trying to complete a saucer without handle with a 44.41 entry. See if it can break out in volume at least 40% higher than normal.
Omega Hlthcare Investors showed 8% earnings growth in the latest quarterly report. Revenue rose 12%.
Omega Hlthcare Investors earns the No. 12 rank among its peers in the Finance-Property REITs industry group. CareTrust REIT, Postal Realty Trust Cl A 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.
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