UDR saw a positive improvement to its Relative Strength (RS) Rating on Wednesday, rising from 69 to 72.
IBD's proprietary rating identifies share price movement with a 1 (worst) to 99 (best) score. The rating shows how a stock's price movement over the last 52 weeks stacks up against all the other stocks in our database.
History reveals that the best stocks typically have an RS Rating north of 80 as they begin their largest price moves. See if UDR can continue to show renewed price strength and hit that benchmark.
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UDR is trying to complete a flat base with a 47.55 buy point. See if it can clear the breakout price in heavy trading.
UDR reported -2% earnings growth in the latest quarterly report. Revenue rose 2%.
UDR holds the No. 66 rank among its peers in the Finance-Property REITs industry group. CareTrust REIT, American Healthcare REIT and Equinix are among the top 5 highly rated stocks within the group.
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