The Relative Strength (RS) Rating for Tri Pointe Homes headed into a new percentile Monday, as it got a lift from 69 to 74.
IBD's unique rating measures share price performance with a 1 (worst) to 99 (best) score. The score shows how a stock's price performance over the last 52 weeks holds up against all the other stocks in our database.
Decades of market research reveals that the market's biggest winners typically have an RS Rating of over 80 in the early stages of their moves. See if Tri Pointe Homes can continue to rebound and clear that threshold.
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Tri Pointe Homes is trying to complete a consolidation with a 47.78 entry. See if it can break out in heavy volume.
The company showed 55% EPS growth in the latest quarterly report, while sales growth came in at 36%.
The company holds the No. 3 rank among its peers in the Building-Residential/Commercial industry group. Green Brick Partners is the top-ranked stock within the group.
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