On Tuesday, Macerich got a positive adjustment to its Relative Strength (RS) Rating, from 63 to 76.
This proprietary rating tracks market leadership by using a 1 (worst) to 99 (best) score that shows how a stock's price action over the trailing 52 weeks compares to other publicly traded companies.
Over 100 years of market history reveals that the market's biggest winners often have an RS Rating north of 80 in the early stages of their moves. See if Macerich can continue to show renewed price strength and clear that threshold.
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Macerich is not currently near a potential buy zone. See if the stock goes on to form a promising consolidation that could launch a new move.
EPS growth fell in the company's most recent report from -14% to -18%, but the top line rose from 1% to 15%.
Macerich holds the No. 97 rank among its peers in the Finance-Property REITs industry group. Welltower, 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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