Tri Pointe Homes had its Relative Strength (RS) Rating upgraded from 67 to 73 Tuesday — a welcome improvement, but still below the 80 or higher score you look for.
IBD's unique RS Rating measures technical performance by showing how a stock's price action over the last 52 weeks compares to that of the other stocks in our database.
History shows that the market's biggest winners tend to have an 80 or better RS Rating in the early stages of their moves. See if Tri Pointe Homes can continue to show renewed price strength and clear that threshold.
When To Sell Stocks To Lock In Profits And Minimize Losses
Tri Pointe Homes is building a consolidation with a 47.78 entry. See if the stock can break out in heavy trading.
Tri Pointe Homes showed 55% earnings growth in the latest quarterly report. Revenue rose 36%.
Tri Pointe Homes holds the No. 6 rank among its peers in the Building-Residential/Commercial industry group. Green Brick Partners, Comstock Holding Cl A and Taylor Morrison Home are among the top 5 highly rated stocks within the group.
RELATED:
Homebuilder Stocks To Watch And Real Estate Industry News
Which Stocks Are Showing Rising Relative Strength?
Why Should You Use IBD's Relative Strength Rating?
Ready To Grow Your Investing Skills? Join An IBD Meetup Group!
