On Tuesday, Dream Finders Homes earned a positive adjustment to its Relative Strength (RS) Rating, from 62 to 72.
IBD's unique rating tracks market leadership with a 1 (worst) to 99 (best) score. The rating shows how a stock's price performance over the trailing 52 weeks stacks up against all the other stocks in our database.
History shows that the stocks that go on to make the biggest gains typically have an RS Rating north of 80 in the early stages of their moves. See if Dream Finders Homes can continue to show renewed price strength and clear that threshold.
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Dream Finders Homes is building a cup with handle with a 39.15 buy point. See if the stock can clear the breakout price in volume at least 40% above average.
Dream Finders Homes reported -7% earnings growth last quarter. Sales increased 12%.
The company earns the No. 12 rank among its peers in the Building-Residential/Commercial industry group. Comstock Holding Cl A, Green Brick Partners and Taylor Morrison Home are among the top 5 highly rated stocks within the group.
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