Amer Homes 4 Rent Cl A had its Relative Strength (RS) Rating upgraded from 68 to 71 Tuesday — a welcome improvement, but still shy of the 80 or higher score you look for.
This proprietary rating measures technical performance by using a 1 (worst) to 99 (best) score that shows how a stock's price action over the last 52 weeks stacks up against all the other stocks in our database.
Over 100 years of market history shows that the top-performing stocks tend to have an RS Rating of at least 80 in the early stages of their moves. See if Amer Homes 4 Rent Cl A can continue to show renewed price strength and hit that benchmark.
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Amer Homes 4 Rent Cl A is trying to complete a consolidation with a 41.41 entry. See if the stock can clear the breakout price in heavy trade.
Earnings growth decreased last quarter from 9% to 5%. But sales moved higher, from 6% to 7%. Keep an eye out for the company's next round of numbers on or around May 1.
Amer Homes 4 Rent Cl A earns the No. 29 rank among its peers in the Finance-Property REITs industry group. CareTrust REIT, Essex Property Trust and Curbline Properties 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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