Regency Centers had its Relative Strength (RS) Rating upgraded from 68 to 71 Thursday — a welcome improvement, but still short of the 80 or higher score you look for.
IBD's unique rating tracks market leadership with a 1 (worst) to 99 (best) score. The score shows how a stock's price performance over the trailing 52 weeks compares to all the other stocks in our database.
Decades of market research shows that the best-performing stocks tend to have an RS Rating north of 80 as they begin their largest runs. See if Regency Centers can continue to rebound and hit that benchmark.
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Regency Centers is building a flat base with a 76.53 buy point. See if the stock can clear the breakout price in volume at least 40% higher than normal.
Earnings growth increased last quarter from 6% to 7%. But revenue gains fell from 9% to 4%.
The company holds the No. 12 rank among its peers in the Finance-Property REITs industry group. Welltower, Curbline Properties and Ventas are among the top 5 highly rated stocks within the group.
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