Sun Communities had its Relative Strength (RS) Rating upgraded from 65 to 75 Monday — a welcome improvement, but still short of the 80 or higher score you look for.
This unique rating identifies technical performance by showing how a stock's price movement over the last 52 weeks measures up against that of the other stocks in our database.
Over 100 years of market history reveals that the stocks that go on to make the biggest gains tend to have an 80 or better RS Rating in the early stages of their moves. See if Sun Communities can continue to rebound and clear that threshold.
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Sun Communities is building a consolidation with a 147.83 entry. See if it can break out in heavy volume.
The company saw both earnings and sales growth rise last quarter. Earnings-per-share increased from -9% to 5%. Revenue rose from -4% to 3%. Look for the next report on or around Apr. 23.
Sun Communities earns the No. 79 rank among its peers in the Finance-Property REITs industry group. CareTrust REIT, 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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