The Relative Strength (RS) Rating for SL Green Realty moved into a new percentile Tuesday, as it got a lift from 68 to 74.
This exclusive rating from Investor's Business Daily identifies price action with a 1 (worst) to 99 (best) score. The score shows how a stock's price behavior over the trailing 52 weeks stacks up against all the other stocks in our database.
Over 100 years of market history shows that the best-performing stocks typically have an RS Rating north of 80 as they launch their largest climbs. See if SL Green Realty can continue to rebound and clear that threshold.
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SL Green Realty is working on a consolidation with an 82.81 buy point. See if it can break out in heavy trading. Note that it's a third-stage base. Later-stage patterns can work, but have a greater likelihood of failure since, by that point, the stock has already climbed substantially..
SL Green Realty saw both earnings and sales growth rise last quarter. Earnings-per-share increased from -11% to 151%. Revenue rose from 9% to 16%.
The company earns the No. 57 rank among its peers in the Finance-Property REITs industry group. Strawberry Fields REIT, Curbline Properties and Prologis are among the top 5 highly rated stocks within the group.
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