Independence Realty Trust saw a welcome improvement to its Relative Strength (RS) Rating on Tuesday, rising from 67 to 74.
This exclusive rating from Investor's Business Daily identifies market leadership with a 1 (worst) to 99 (best) score. The grade shows how a stock's price behavior over the trailing 52 weeks compares to all the other stocks in our database.
Over 100 years of market history shows that the market's biggest winners tend to have an RS Rating north of 80 in the early stages of their moves. See if Independence Realty Trust can continue to show renewed price strength and hit that benchmark.
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Independence Realty Trust is not currently near a potential buy zone. See if the stock goes on to form a chart pattern that could kick off a new climb.
Independence Realty Trust posted negative growth for both the top and bottom lines last quarter. Independence Realty Trust is expected to release its next quarterly numbers on or around Feb. 12.
Independence Realty Trust holds the No. 60 rank among its peers in the Finance-Property REITs industry group. Strawberry Fields REIT, American Healthcare REIT and Essential Prop Realty Tr are among the top 5 highly rated stocks within the group.
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