Camden Property Trust had its Relative Strength (RS) Rating upgraded from 70 to 75 Thursday — a welcome improvement, but still shy of the 80 or higher score you prefer to see.
This proprietary rating tracks technical performance by using a 1 (worst) to 99 (best) score that indicates how a stock's price performance over the last 52 weeks matched up against all other stocks.
Decades of market research reveals that the best stocks typically have an RS Rating north of 80 in the early stages of their moves. See if Camden Property Trust can continue to rebound and hit that benchmark.
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Camden Property Trust is building a cup without handle with a 127.69 entry. See if it can clear the breakout price in heavy trading.
Earnings growth increased last quarter from -5% to -1%. But revenue gains fell from 0% to -1%.
Camden Property Trust earns the No. 79 rank among its peers in the Finance-Property REITs industry group. CareTrust REIT, Essential Prop Realty Tr and Tanger are among the top 5 highly rated stocks within the group.
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