In a welcome move, AXIS Capital Holdings saw its Relative Strength Rating improve from 68 to 71 on Monday.
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This exclusive rating from Investor's Business Daily measures market leadership with a 1 (worst) to 99 (best) score. The grade shows how a stock's price behavior over the last 52 weeks holds up against all the other stocks in our database.
Over 100 years of market history reveals that the market's biggest winners often have an RS Rating of at least 80 as they launch their largest price moves. See if AXIS Capital Holdings can continue to show renewed price strength and clear that threshold.
AXIS Capital Holdings is trying to complete a flat base with a 107.19 buy point. See if it can break out in heavy volume.
Top and bottom line growth moved higher last quarter. Earnings were up 23%, compared to 0% in the prior report. Revenue increased from -1% to 7%. The next quarterly numbers are expected on or around Jul. 29.
AXIS Capital Holdings earns the No. 5 rank among its peers in the Insurance-Property/Casualty/Title industry group. Goosehead Insurance Cl A is the No. 1-ranked stock 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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