InvenTrust Properties saw a welcome improvement to its Relative Strength (RS) Rating on Tuesday, with an increase from 80 to 83.
IBD's proprietary RS Rating measures technical performance by using a 1 (worst) to 99 (best) score that shows how a stock's price performance over the last 52 weeks matches up against that of all other stocks.
Decades of market research shows that the best stocks often have an RS Rating of above 80 in the early stages of their moves.
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InvenTrust Properties is building a flat base with a 31.65 entry. See if it can break out in heavy trade.
Earnings growth declined in the most recent report from 7% to 5%. But sales moved higher, from 7% to 10%.
The company holds the No. 27 rank among its peers in the Finance-Property REITs industry group. CareTrust REIT, Essex Property Trust and Curbline Properties 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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