The Relative Strength (RS) Rating for Mid-Amer Apt Communities climbed into a new percentile Wednesday, as it got a lift from 69 to 72.
IBD's unique rating tracks share price movement with a 1 (worst) to 99 (best) score. The rating shows how a stock's price behavior over the last 52 weeks holds up against all the other stocks in our database.
Decades of market research shows that the top-performing stocks often have an RS Rating north of 80 as they begin their biggest runs. See if Mid-Amer Apt Communities can continue to rebound and hit that benchmark.
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Mid-Amer Apt Communities is building a flat base with a 167.39 entry. See if the stock can clear the breakout price in heavy trade.
The company showed -3% EPS growth in its most recent report. Sales gains came in at 2%.
Mid-Amer Apt Communities holds the No. 49 rank among its peers in the Finance-Property REITs industry group. CareTrust REIT, American Healthcare REIT and Equinix are among the top 5 highly rated stocks within the group.
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