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AvalonBay Stock Hits 80-Plus Relative Strength Rating Benchmark As Rental Market Gradually Improves From Covid Crash Lows

·2 min read
AvalonBay Stock Hits 80-Plus Relative Strength Rating Benchmark As Rental Market Gradually Improves From Covid Crash Lows
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Things are looking up for apartments owner/operator AvalonBay Communities. The 82 RS Rating means that AvalonBay stock has outperformed 82% of stocks over the past year. It's a significant rating upgrade because market history shows that the best stocks often have an RS Rating north of 80 as they begin their biggest price moves.