Healthcare Realty Trust saw a positive improvement to its Relative Strength (RS) Rating on Monday, with an upgrade from 69 to 72.
IBD's unique RS Rating identifies technical performance by using a 1 (worst) to 99 (best) score that shows how a stock's price action over the trailing 52 weeks compares to other publicly traded companies.
Over 100 years of market history shows that the best stocks typically have an RS Rating of over 80 in the early stages of their moves. See if Healthcare Realty Trust can continue to show renewed price strength and hit that benchmark.
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Healthcare Realty Trust is working on a consolidation with an 18.90 buy point. See if the stock can clear the breakout price in volume at least 40% higher than normal.
Earnings grew 3% last quarter, up from 0% in the prior report. Revenue also increased, from -8% to -6%.
Healthcare Realty Trust earns the No. 107 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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