On Thursday, Douglas Emmett received a positive adjustment to its Relative Strength (RS) Rating, from 67 to 75.
This unique rating identifies market leadership 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 shows that the best-performing stocks typically have an RS Rating of over 80 in the early stages of their moves. See if Douglas Emmett can continue to show renewed price strength and clear that threshold.
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Douglas Emmett is working on a consolidation with a 20.50 buy point. See if the stock can break out in heavy volume.
The company reported negative growth for both the top and bottom lines last quarter.
The company earns the No. 56 rank among its peers in the Finance-Property REITs industry group. Curbline Properties, Welltower and EPR 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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