In a welcome move, Douglas Emmett saw its Relative Strength Rating rise from 68 to 78 on Tuesday.
This unique rating identifies market leadership by showing how a stock's price movement over the last 52 weeks compares to that of the other stocks in our database.
Decades of market research shows that the best-performing stocks often have an RS Rating of above 80 in the early stages of their moves. See if Douglas Emmett can continue to rebound and hit that benchmark.
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Douglas Emmett is trying to complete a consolidation with a 20.50 buy point. See if it can break out in volume at least 40% higher than normal.
Douglas Emmett showed 0% earnings growth in its most recent report, while sales growth came in at -2%. Keep an eye out for the company's next round of numbers on or around Feb. 4.
Douglas Emmett holds the No. 46 rank among its peers in the Finance-Property REITs industry group. Strawberry Fields REIT, Curbline Properties and Prologis are among the top 5 highly rated stocks within the group.
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