Empire State Realty Tr saw a welcome improvement to its Relative Strength (RS) Rating on Tuesday, rising from 63 to 71.
This exclusive rating from Investor's Business Daily measures share price action with a 1 (worst) to 99 (best) score. The rating shows how a stock's price movement over the trailing 52 weeks stacks up against all 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 higher RS Rating as they begin their biggest price moves. See if Empire State Realty Tr can continue to rebound and hit that benchmark.
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Empire State Realty Tr is working on a flat base with an 11.62 buy point. See if the stock can clear the breakout price in volume at least 40% above average.
Earnings grew 4% last quarter, up from -8% in the prior report. Revenue also increased, from -1% to 4%.
The company earns the No. 62 rank among its peers in the Finance-Property REITs industry group. Equinix, American Assets Trust and Tanger are among the top 5 highly rated stocks within the group.
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