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Urban Edge Stock Brushes Up Its Relative Strength

On Monday, Urban Edge Properties (UE) earned an upgrade to its Relative Strength Rating, from 78 to 82. Is Urban Edge stock on your radar?

The New York, N.Y.-based company improves shopping centers in urban communities.

When looking for the best stocks to buy and watch, one factor to watch closely is relative price strength.

This proprietary rating identifies technical performance by showing how a stock’s price action over the last 52 weeks measures up against that of the other stocks in our database.

Over 100 years of market history shows that the stocks that go on to make the biggest gains typically have an 80 or better RS Rating as they launch their biggest price moves. So an 82 RS Rating for Urban Edge stock is noteworthy.


Looking For The Best Stocks To Buy And Watch? Start Here


Is Urban Edge Stock A Buy?

Urban Edge stock is trying to complete a consolidation with a 20.43 buy point. See if Urban Edge stock can clear the breakout price in volume at least 40% higher than normal.

Taking a look at revenue and profit performance, Urban Edge Properties has posted four quarters of accelerating earnings growth. Sales gains have also increased during the same period.

Urban Edge stock earns the No. 88 rank among its peers in the Finance-Property REITs industry group. Life Storage (LSI) and Essential Properties Realty Trust (EPRT) are also among the group’s highest-rated stocks.

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