The Relative Strength (RS) Rating for Agree Realty headed into a new percentile Monday, as it got a lift from 65 to 75.
IBD's unique rating identifies market leadership with a 1 (worst) to 99 (best) score. The grade shows how a stock's price behavior over the trailing 52 weeks holds up against all the other stocks in our database.
Over 100 years of market history shows that the stocks that go on to make the biggest gains often have an 80 or better RS Rating as they begin their largest runs. See if Agree Realty can continue to rebound and hit that benchmark.
When To Sell Stocks To Lock In Profits And Minimize Losses
Agree Realty is working on a flat base with a 78.39 buy point. See if the stock can break out in volume at least 40% above average.
Earnings growth rose last quarter from 3% to 4%. But revenue gains fell from 13% to 11%.
The company 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.
RELATED:
IBD Stock Rating Upgrades: 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!
