In a welcome move, Cincinnati Financial saw its Relative Strength Rating improve from 66 to 71 on Monday.
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This proprietary rating identifies market leadership by showing how a stock's price movement over the last 52 weeks measures up against that of the other stocks in our database.
Over 100 years of market history reveals that the stocks that go on to make the biggest gains tend to have an RS Rating of at least 80 as they launch their largest price moves. See if Cincinnati Financial can continue to rebound and hit that benchmark.
Cincinnati Financial is trying to complete a consolidation with a 161.75 buy point. See if the stock can clear the breakout price in heavy trading.
While EPS growth dropped in the company's most recent quarterly report from 38% to 0%, the top line rose -13%, up from -24% in the prior report. The next quarterly results are expected on or around Jul. 28.
Cincinnati Financial earns the No. 16 rank among its peers in the Insurance-Property/Casualty/Title industry group. Goosehead Insurance Cl A, Skyward Specialty Ins and Heritage Insurance 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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