SL Green Realty saw a positive improvement to its Relative Strength (RS) Rating on Monday, rising from 67 to 77.
This exclusive rating from Investor's Business Daily tracks market leadership with a 1 (worst) to 99 (best) score. The grade shows how a stock's price behavior over the trailing 52 weeks stacks up against all the other stocks in our database.
History reveals that the best stocks typically have an RS Rating of above 80 as they begin their largest climbs. See if SL Green Realty can continue to show renewed price strength and hit that benchmark.
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SL Green Realty is trying to complete a consolidation with an 82.81 buy point. See if it can clear the breakout price in heavy volume. It's a later-stage pattern, and investors should be aware that those are less likely to lead to significant gains.
The company 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. 47 rank among its peers in the Finance-Property REITs industry group. Strawberry Fields REIT, Prologis and Welltower are among the top 5 highly rated stocks within the group.
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