UDR had its Relative Strength (RS) Rating upgraded from 79 to 83 Tuesday.
This proprietary rating tracks market leadership by using a 1 (worst) to 99 (best) score that shows how a stock's price action over the last 52 weeks matches up against that of all other stocks.
History reveals that the stocks that go on to make the biggest gains typically have an RS Rating of above 80 in the early stages of their moves.
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UDR is building a double bottom with a 46.62 buy point. See if it can clear the breakout price in heavy volume.
UDR showed 0% EPS growth last quarter. Revenue increased 2%.
UDR holds the No. 71 rank among its peers in the Finance-Property REITs industry group. Welltower, Essex Property Trust and Curbline Properties are among the top 5 highly rated stocks within the group.
This article was created automatically with Stats Perform's Wordsmith software using data and article templates supplied by Investor's Business Daily. An IBD journalist may have edited the article.
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