Home Properties, shows relatively strong fundamentals and is coming back to attractive prices.

According to Surperformance rating, the company is an opportunity for a trading strategy. Indeed, it is a good compromise between its value and its visibility.
Moreover, brokers have lately revised upward their revenues' estimates and count on an EPS of USD 2.69 for this year.

Home Properties is oversold because it is near to USD 59.6. Prices are near a bullish trend line and the 100-week moving average. This situation gives credit to a potential technical rebound. Thus, the stock could find new energy and would rise towards the next USD 63.8 resistance.

As a consequence, it seems opportune to take a long position at the current price. The main objective will be USD 63.8, then USD 66.5. A stop loss must be placed below the USD 59.6 support.