The Relative Strength (RS) Rating for Regency Centers climbed into a new percentile Thursday, as it got a lift from 64 to 71.
This unique rating tracks technical performance by showing how a stock's price movement over the last 52 weeks compares to that of the other stocks in our database.
Decades of market research reveals that the stocks that go on to make the biggest gains tend to have an RS Rating of at least 80 in the early stages of their moves. See if Regency Centers can continue to rebound and hit that benchmark.
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Regency Centers is working on a flat base with a 76.53 entry. See if it can break out in volume at least 40% above average.
The company reported 6% earnings growth in its most recent report, while sales growth came in at 9%. The next quarterly results are expected on or around Feb. 6.
Regency Centers holds the No. 12 rank among its peers in the Finance-Property REITs industry group. Strawberry Fields REIT, Essex Property Trust and Welltower are among the top 5 highly rated stocks within the group.
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