The Relative Strength (RS) Rating for Realty Income stock jumped into a new percentile Monday, as it got a lift from 69 to 74.
IBD's proprietary rating identifies market leadership with a 1 (worst) to 99 (best) score. The score shows how a stock's price performance over the last 52 weeks stacks up against all the other stocks in our database.
Decades of market research shows that the top-performing stocks often have an 80 or higher RS Rating as they launch their biggest price moves. See if Realty Income stock can continue to rebound and hit that benchmark.
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Is Realty Income Stock A Buy?
Realty Income stock recently reclaimed its 200-day moving average and is working on a consolidation with a 64.88 buy point. See if the REIT stock can break out in volume at least 40% above average.
While sales growth fell last quarter from 28% to 25%, the bottom line grew 4%, up from 3% in the prior report.
Realty Income stock earns the No. 58 rank among its peers in the Finance-Property REITs industry group. Essex Property Trust, Strawberry Fields REIT and First Indl Realty Trust are among the top 5 highly rated stocks within the group.
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