In a welcome move, Ventas saw its Relative Strength Rating rise from 66 to 71 on Tuesday.
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IBD's proprietary RS Rating tracks technical performance by showing how a stock's price action over the last 52 weeks compares to that of the other stocks in our database.
Decades of market research shows that the top-performing stocks often have an RS Rating north of 80 as they begin their biggest price moves. See if Ventas can continue to show renewed price strength and hit that benchmark.
Ventas is building a consolidation with a 71.36 entry. See if it can clear the breakout price in heavy volume.
Taking a look at revenue and profit performance, Ventas has posted two quarters of rising earnings growth. Top line growth has also moved higher over the same time frame.
The company earns the No. 2 rank among its peers in the Finance-Property REITs industry group. CareTrust REIT is the No. 1-ranked stock 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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