Welltower Stock Shows Improved Price Strength, Earns IBD Rating Upgrade

In a welcome move, Welltower (WELL) saw its Relative Strength Rating rise from 68 to 71 on Thursday.


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

IBD’s unique rating measures price performance with a 1 (worst) to 99 (best) score. The grade shows how a stock’s price behavior over the last 52 weeks compares to all the other stocks in our database.

Over 100 years of market history reveals that the market’s biggest winners tend to have an RS Rating north of 80 in the early stages of their moves. See if Welltower stock can continue to rebound and clear that threshold.

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Welltower stock is inside a flat base with an 89.90 buy point. Watch and  see if it can clear the breakout price in heavy trade.

The company saw both earnings and sales growth rise last quarter. Earnings-per-share increased from -8% to -5%. Revenue rose from -4% to 20%.

Welltower stock holds the No. 120 rank among its peers in the Finance-Property REITs industry group, which has 182 total entries. Extra Space Storage (EXR) and Innovative Industrial Properties (IIPR) are also among the group’s highest-rated stocks.


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