In a welcome move, Highwoods Properties saw its Relative Strength Rating rise from 70 to 76 on Tuesday.
This proprietary rating measures technical performance by showing how a stock's price action over the last 52 weeks measures up against that of the other stocks in our database.
Over 100 years of market history reveals that the stocks that go on to make the biggest gains typically have an RS Rating of above 80 as they begin their largest climbs. See if Highwoods Properties can continue to rebound and hit that benchmark.
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Highwoods Properties is not currently showing a potential buy point. See if the stock goes on to build a chart pattern that could launch a new move.
Highwoods Properties reported negative growth for both the top and bottom lines last quarter.
The company holds the No. 111 rank among its peers in the Finance-Property REITs industry group. Strawberry Fields REIT, Essex Property Trust and Omega Hlthcare Investors 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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