The Relative Strength (RS) Rating for Healthpeak Properties climbed into a higher percentile Friday, as it got a lift from 68 to 73.
This exclusive rating from Investor's Business Daily tracks price movement with a 1 (worst) to 99 (best) score. The rating shows how a stock's price movement over the last 52 weeks holds up against all the other stocks in our database.
Decades of market research reveals that the best stocks often have an RS Rating north of 80 in the early stages of their moves. See if Healthpeak Properties can continue to show renewed price strength and clear that threshold.
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Healthpeak Properties is now considered extended and out of buy range after clearing a 20.30 buy point in a first-stage flat base. See if the stock forms a new pattern or follow-on buying opportunity like a three-weeks tight or pullback to the 50-day or 10-week moving average.
Healthpeak Properties posted 0% earnings growth in the latest quarterly report, while sales growth came in at 26%.
The company holds the No. 7 rank among its peers in the Finance-Property REITs industry group. CareTrust REIT, American Assets Trust and COPT Defense Properties are among the top 5 highly rated stocks within the group.
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