InvenTrust Properties saw a positive improvement to its Relative Strength (RS) Rating on Wednesday, rising from 68 to 72.
This proprietary rating measures technical performance by using a 1 (worst) to 99 (best) score that indicates how a stock's price action over the last 52 weeks compares to the rest of the market.
Over 100 years of market history reveals that the market's biggest winners typically have an 80 or higher RS Rating in the early stages of their moves. See if InvenTrust Properties can continue to rebound and clear that threshold.
How To Invest In Stocks In Both Bull And Bear Markets
InvenTrust Properties is trying to complete a flat base with a 31.65 buy point. See if the stock can clear the breakout price in volume at least 40% higher than normal.
While the company's bottom line growth dropped in the company's most recent quarterly report from 7% to 5%, sales grew 10%, up from 7% in the previous report.
InvenTrust Properties earns the No. 61 rank among its peers in the Finance-Property REITs industry group. Curbline Properties, Strawberry Fields REIT and Essex Property Trust are among the top 5 highly rated stocks within the group.
RELATED:
Stocks With Rising Relative Strength Ratings
Why Should You Use IBD's Relative Strength Rating?
How Relative Strength Line Can Help You Judge A Stock
Ready To Grow Your Investing Skills? Join An IBD Meetup Group!
