Healthcare Realty Trust saw a positive improvement to its Relative Strength (RS) Rating on Friday, with an increase from 69 to 72.
IBD's unique rating measures price movement with a 1 (worst) to 99 (best) score. The grade shows how a stock's price behavior over the last 52 weeks holds up against all the other stocks in our database.
History reveals that the stocks that go on to make the biggest gains tend to have an RS Rating north of 80 in the early stages of their moves. See if Healthcare Realty Trust can continue to show renewed price strength and clear that threshold.
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Healthcare Realty Trust is working on a flat base with an 18.90 entry. See if the stock can clear the breakout price in volume at least 40% higher than normal.
Earnings growth moved up in the company's latest report from -3% to 0%, but sales fell from -6% to -8%.
The company holds the No. 139 rank among its peers in the Finance-Property REITs industry group. CareTrust REIT, Essential Prop Realty Tr and Strawberry Fields REIT are among the top 5 highly rated stocks within the group.
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