Crown Castle had its Relative Strength (RS) Rating upgraded from 64 to 74 Wednesday — a welcome improvement, but still shy of the 80 or better score you look for.
This unique rating identifies 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.
Over 100 years of market history shows that the market's biggest winners tend to have an RS Rating north of 80 as they launch their largest price moves. See if Crown Castle can continue to rebound and clear that threshold.
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Crown Castle is working on a cup without handle with a 120.92 buy point. See if it can break out in heavy trading.
Crown Castle posted negative growth for both sales and earnings last quarter. The company is expected to report its next quarterly numbers on or around Apr. 16.
Crown Castle earns the No. 86 rank among its peers in the Finance-Property REITs industry group. CareTrust REIT, Curbline Properties and Strawberry Fields REIT 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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