SBA Communications had its Relative Strength (RS) Rating upgraded from 70 to 73 Tuesday — a welcome improvement, but still short of the 80 or higher score you prefer to see.
IBD's proprietary RS Rating measures technical performance by showing how a stock's price action over the last 52 weeks measures up against that of the other stocks in our database.
Decades of market research reveals that the market's biggest winners often have an 80 or better RS Rating in the early stages of their moves. See if SBA Communications can continue to show renewed price strength and hit that benchmark.
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SBA Communications is trying to complete a consolidation with a 252.64 entry. See if it can break out in volume at least 40% higher than normal.
SBA Communications saw both earnings and sales growth rise last quarter. Earnings-per-share increased from -1% to 3%. Revenue rose from -2% to 3%.
SBA Communications earns the No. 33 rank among its peers in the Finance-Property REITs industry group. Strawberry Fields REIT, Essex Property Trust and Omega Hlthcare Investors are among the top 5 highly rated stocks within the group.
This article was created automatically with Stats Perform's Wordsmith software using data and article templates supplied by Investor's Business Daily. An IBD journalist may have edited the article.
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