The Relative Strength (RS) Rating for Airbnb stock jumped into a higher percentile Wednesday, as it got a lift from 63 to 72. The vacation rental company recently announced new services that allows you to book personal services such as personal chefs, massages and personal trainers while renting Airbnb stay.
Can You Really Time The Stock Market?
IBD's unique RS Rating measures market leadership by showing how a stock's price action over the last 52 weeks compares to that of the other stocks in our database.
Over 100 years of market history reveals that the market's biggest winners often have an 80 or better RS Rating in the early stages of their moves. See if Airbnb can continue to show renewed price strength and hit that benchmark.
Is Airbnb Stock A Buy?
Airbnb stock recently reclaimed its 200-day moving average and is building a cup without handle with a 163.93 buy point. See if the leisure stock can clear the breakout price in volume at least 40% above average.
The vacation rental firm reported -41% earnings growth last quarter. Revenue gains came in at 6%.
Airbnb stock earns the No. 5 rank among its peers in the Leisure-Travel Booking industry group. Booking Holdings is the top-ranked stock within the group.
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