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Ryman Hospitality Properties Sees IBD RS Rating Rise To 72


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In a welcome move, Ryman Hospitality Properties ( RHP ) saw its Relative Strength Rating rise from 67 to 72 on Wednesday.

[ibd-display-video id=2881825 width=50 float=left autostart=true] IBD's proprietary rating measures share price movement with a 1 (worst) to 99 (best) score. The score shows how a stock's price behavior over the last 52 weeks stacks up against all the other stocks in our database.

History shows that the best stocks often have an 80 or higher RS Rating in the early stages of their moves. See if Ryman Hospitality Properties can continue to rebound and clear that threshold.

See How IBD Helps You Make More Money In Stocks

Ryman Hospitality Properties is still within a buy zone after climbing above a 68.07 entry in a flat base . The proper buying range extends to 5% above the initial entry. Once a stock moves above that range, it's best to wait for it to set up another buying opportunity..

Ryman Hospitality Properties reported negative growth for both the top and bottom lines last quarter.

The company earns the No. 25 rank among its peers in the Finance-Property REITs industry group. CoreSite Realty ( COR ), Terreno Realty ( TRNO ) and Cubesmart ( CUBE ) are among the top 5 highly rated stocks within the group.

RELATED:

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Why Should You Use IBD's Relative Strength Rating?

How Relative Strength Line Can Help You Judge A Stock



The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.



This article appears in: Investing , Stocks
Referenced Symbols: RHP , COR , TRNO , CUBE



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