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.
Can You Really Time The Stock Market?
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.
RELATED:
Which Stocks Are Showing Rising Relative Strength?
Why Should You Use IBD's Relative Strength Rating?
How Relative Strength Line Can Help You Judge A Stock
Ready To Grow Your Investing Skills? Join An IBD Meetup Group!