UDR had its Relative Strength (RS) Rating upgraded from 63 to 79 Thursday — a welcome improvement, but still below the 80 or better score you look for.
This exclusive rating from Investor's Business Daily measures price movement with a 1 (worst) to 99 (best) score. The grade shows how a stock's price movement over the trailing 52 weeks holds up against all the other stocks in our database.
Over 100 years of market history shows that the stocks that go on to make the biggest gains typically have an RS Rating of at least 80 as they begin their biggest price moves. See if UDR can continue to rebound and clear that threshold.
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UDR is trying to complete a consolidation with a 47.55 entry. See if the stock can break out in volume at least 40% above average.
UDR showed 0% earnings growth in its most recent report. Revenue increased 2%. Keep an eye out for the company's next round of numbers on or around Apr. 30.
The company holds the No. 90 rank among its peers in the Finance-Property REITs industry group. CareTrust REIT, Omega Hlthcare Investors and Ventas 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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