Regency Centers had its Relative Strength (RS) Rating upgraded from 70 to 73 Friday — a welcome improvement, but still below the 80 or better score you look for.
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 performance over the last 52 weeks holds up against all the other stocks in our database.
Over 100 years of market history shows that the best-performing stocks often have an RS Rating of above 80 in the early stages of their moves. See if Regency Centers can continue to rebound and clear that threshold.
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Regency Centers is trying to complete a flat base with a 75.26 entry. See if it can break out in volume at least 40% higher than normal.
The company showed 6% EPS growth last quarter. Sales rose 9%.
The company earns the No. 9 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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