Stocks Showing Improved Relative Strength: National Storage Affiliates Trust

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National Storage Affiliates Trust ( NSA ) saw a welcome improvement to its Relative Strength ( RS ) Rating on Monday, rising from 62 to 71.

[ibd-display-video id=2385970 width=50 float=left autostart=true] IBD's unique rating tracks market leadership with a 1 (worst) to 99 (best) score. The score shows how a stock's price performance over the trailing 52 weeks holds up against all the other stocks in our database.

History reveals that the market's biggest winners tend to have an RS Rating north of 80 as they launch their largest climbs. See if National Storage Affiliates Trust can continue to show renewed price strength and clear that threshold.

See How IBD Helps You Make More Money In Stocks

The stock, which is on the IPO Leaders screen is trading within a buy range after clearing a 25.22 buy point in a cup with handle . The proper buying range is up to 5% above the initial entry. Once a stock moves above that range, it's best to hold off investing and wait for it to set up another buying opportunity..

While sales growth fell last quarter from 36% to 30%, the bottom line grew 14%, up from 11% in the previous report.

The company earns the No. 56 rank among its peers in the Finance-Property REITs industry group. CoreSite Realty ( COR ), Terreno Realty ( TRNO ) and Equity Lifestyle Properties ( ELS ) are among the top 5 highly rated stocks within the group.


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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: NSA , RS , COR , TRNO , ELS

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