Ryman Hospitality Properties Trying To Close In On Key Technical Measure

Shutterstock photo

On Tuesday, Ryman Hospitality Properties ( RHP ) received a positive adjustment to its Relative Strength ( RS ) Rating , from 68 to 75.

[ibd-display-video id=2881825 width=50 float=left autostart=true] This exclusive rating from Investor's Business Daily tracks market leadership with a 1 (worst) to 99 (best) score. The rating shows how a stock's price movement over the trailing 52 weeks compares to all the other stocks in our database.

History reveals that the market's biggest winners tend to have an RS Rating of at least 80 as they begin their largest runs. See if Ryman Hospitality Properties can continue to show renewed price strength and clear that threshold.

See How IBD Helps You Make More Money In Stocks

Ryman Hospitality Properties is now considered extended and out of buy range after clearing a 68.07 buy point in a first-stage flat base . See if the stock forms a new pattern or follow-on buying opportunity like a three-weeks tight or pullback to the 50-day or 10-week line.

Ryman Hospitality Properties reported negative growth for both sales and earnings last quarter.

The company earns the No. 8 rank among its peers in the Finance-Property REITs industry group. CoreSite Realty ( COR ), BRT Apartments ( BRT ) and Terreno Realty ( TRNO ) are among the top 5 highly rated stocks within the group.


IBD Stock Rating Upgrades: Rising Relative Strength

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 , RS , COR , BRT , TRNO

More from Investor's Business Daily


Investor's Business Daily

Investor's Business Daily


Research Brokers before you trade

Want to trade FX?