American Intl Group saw a positive improvement to its Relative Strength (RS) Rating on Monday, rising from 79 to 82.
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IBD's proprietary RS Rating measures technical performance by using a 1 (worst) to 99 (best) score that identifies how a stock's price performance over the trailing 52 weeks matches up against other publicly traded companies.
Over 100 years of market history reveals that the best stocks often have an RS Rating north of 80 as they begin their biggest price moves.
American Intl Group is trying to complete a flat base with an 88.07 entry. See if it can break out in heavy volume.
The company showed -6% EPS growth in its most recent report. Sales rose 0%.
American Intl Group earns the No. 10 rank among its peers in the Insurance-Diversified industry group. Palomar Holdings, EverQuote and Bowhead Specialty are among the top 5 highly rated stocks within the group.
This article was created automatically with Stats Perform's Wordsmith software using data and article templates supplied by Investor's Business Daily. An IBD journalist may have edited the article.
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