Acadia Realty Trust saw a welcome improvement to its Relative Strength (RS) Rating on Monday, with an upgrade from 79 to 82.
This exclusive rating from Investor's Business Daily tracks price movement with a 1 (worst) to 99 (best) score. The grade shows how a stock's price performance over the last 52 weeks compares to all the other stocks in our database.
Over 100 years of market history shows that the top-performing stocks tend to have an 80 or better RS Rating in the early stages of their moves.
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Acadia Realty Trust is working on a consolidation with a 26.29 entry. See if it can clear the breakout price in volume at least 40% above average.
While the company's bottom line growth decreased in the company's most recently reported quarter from 19% to 14%, sales rose 9%, up from 8% in the prior report.
Acadia Realty Trust holds the No. 22 rank among its peers in the Finance-Property REITs industry group. Curbline Properties, Welltower and Essex Property Trust are among the top 5 highly rated stocks within the group.
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