Carlisle Cos had its Relative Strength (RS) Rating upgraded from 62 to 71 Monday — a welcome improvement, but still below the 80 or better score you prefer to see.
Can You Really Time The Stock Market?
This unique rating measures 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.
Over 100 years of market history shows that the top-performing stocks tend to have an 80 or higher RS Rating in the early stages of their moves. See if Carlisle Cos can continue to rebound and hit that benchmark.
Carlisle Cos is trying to complete a cup without handle with a 481.26 entry. See if it can break out in volume at least 40% higher than normal.
The company reported -3% earnings growth last quarter. Sales increased 0%.
The company earns the No. 9 rank among its peers in the Diversified Operations industry group. Crane, Johnson Controls Intl and Roper Technologies 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.
RELATED:
IBD Stock Rating Upgrades: Rising Relative Strength
Why Should You Use IBD's Relative Strength Rating?
How Relative Strength Line Can Help You Judge A Stock
Ready To Grow Your Investing Skills? Join An IBD Meetup Group!
