On Wednesday, Sun Communities received a positive adjustment to its Relative Strength (RS) Rating, from 69 to 76.
This proprietary rating measures technical performance by using a 1 (worst) to 99 (best) score that shows how a stock's price action over the trailing 52 weeks matched up against all other stocks.
Over 100 years of market history shows that the market's biggest winners tend to have an RS Rating of above 80 in the early stages of their moves. See if Sun Communities can continue to rebound and clear that threshold.
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Sun Communities is working on a consolidation with a 147.83 entry. See if it can break out in heavy trade.
Sun Communities posted negative growth for both the top and bottom lines last quarter. The company is expected to report its next quarterly numbers on or around Feb. 26.
The company earns the No. 36 rank among its peers in the Finance-Property REITs industry group. Curbline Properties, Essex Property Trust and Ventas are among the top 5 highly rated stocks within the group.
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