Agree Realty saw a positive improvement to its Relative Strength (RS) Rating on Tuesday, rising from 69 to 72.
IBD's unique rating tracks market leadership 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.
History reveals that the stocks that go on to make the biggest gains typically have an 80 or better RS Rating in the early stages of their moves. See if Agree Realty can continue to rebound and hit that benchmark.
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Agree Realty is working on a flat base with a 78.39 entry. See if the stock can break out in volume at least 40% above average.
The company posted 3% earnings growth in the latest quarterly report, while sales growth came in at 13%. Look for the next report on or around Feb. 11.
Agree Realty holds the No. 23 rank among its peers in the Finance-Property REITs industry group. Strawberry Fields REIT, American Healthcare REIT and Essential Prop Realty Tr are among the top 5 highly rated stocks within the group.
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