By Mill Chart
Last update: Jun 28, 2024
In this article we will dive into REXFORD INDUSTRIAL REALTY IN (NYSE:REXR) as a possible candidate for growth investing. Investors should always do their own research, but we noticed REXFORD INDUSTRIAL REALTY IN showing up in our strong growth, ready to breakout screen, which makes it worth to investigate a bit more.
To evaluate a stock's growth potential, ChartMill utilizes a Growth Rating on a scale of 0 to 10. This comprehensive assessment considers various growth aspects, including historical and estimated EPS and revenue growth. NYSE:REXR has achieved a 8 out of 10:
To gauge a stock's financial health, ChartMill utilizes a Health Rating on a scale of 0 to 10. This comprehensive evaluation encompasses liquidity and solvency, both in absolute terms and in comparison to industry peers. NYSE:REXR has earned a 5 out of 10:
ChartMill utilizes a Profitability Rating to assess stocks, scoring them on a scale of 0 to 10. This rating takes into account a variety of profitability ratios and margins, both in absolute terms and in comparison to industry peers. NYSE:REXR has earned a 7 out of 10:
Besides the Technical Rating, ChartMill assigns a Setup Rating to every stock to determine the degree of consolidation. This rating, ranging from 0 to 10, is updated daily and evaluates various short-term technical indicators. NYSE:REXR currently holds a 10 as its setup rating, suggesting a particular level of consolidation in the stock.
REXR has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 45.36. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 44.37, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for REXR in the last couple of days, which is a good sign. Another positive sign is the recent Pocket Pivot signal.
More Strong Growth stocks can be found in our Strong Growth screener.
For an up to date full fundamental analysis you can check the fundamental report of REXR
Check the latest full technical report of REXR for a complete technical analysis.
This is not investing advice! The article highlights some of the observations at the time of writing, but you should always make your own analysis and invest based on your own insights.