Douglas Emmett saw a welcome improvement to its Relative Strength (RS) Rating on Tuesday, with an upgrade from 67 to 71.
This exclusive rating from Investor's Business Daily identifies market leadership with a 1 (worst) to 99 (best) score. The grade shows how a stock's price movement over the trailing 52 weeks compares to all the other stocks in our database.
Over 100 years of market history shows that the market's biggest winners often have an 80 or better RS Rating in the early stages of their moves. See if Douglas Emmett can continue to show renewed price strength and clear that threshold.
When To Sell Stocks To Lock In Profits And Minimize Losses
While Douglas Emmett is not near a proper entry right now, see if it goes on to form and break out from a proper base.
The company reported negative growth for both sales and earnings last quarter.
Douglas Emmett earns the No. 59 rank among its peers in the Finance-Property REITs industry group. CareTrust REIT, Essex Property Trust and Legacy Housing 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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