On Friday, Bright Horizons got a positive adjustment to its Relative Strength (RS) Rating, from 65 to 74.
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This unique rating tracks technical performance by showing how a stock's price action over the last 52 weeks compares to that of the other stocks in our database.
History reveals that the top-performing stocks often have an RS Rating north of 80 in the early stages of their moves. See if Bright Horizons can continue to show renewed price strength and clear that threshold.
Bright Horizons is building a consolidation with a 141.90 entry. See if the stock can clear the breakout price in heavy volume.
While revenue growth fell last quarter from 10% to 7%, the bottom line grew 51%, up from 18% in the previous report.
The company earns the No. 9 rank among its peers in the Consumer Services-Education industry group. Adtalem Global Education, Stride and Universal Tech Institute 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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