The Relative Strength (RS) Rating for Cinemark Holdings stock entered a new percentile Tuesday, with a rise from 69 to 80.
This exclusive rating from Investor's Business Daily identifies share price performance with a 1 (worst) to 99 (best) score. The rating shows how a stock's price performance over the last 52 weeks stacks up against all the other stocks in our database.
Decades of market research reveals that the market's biggest winners tend to have an RS Rating of over 80 as they begin their biggest runs.
Risk Management In The Stock Market: How Much Money To Invest Now
Is Cinemark Holdings Stock A Buy?
Cinemark Holdings stock cleared a double bottom with a 19.31 buy point on Tuesday, but volume was muted. It's best to see breakouts with heavy or above average volume.
The operator of movie theatres showed 0% EPS growth last quarter, while sales growth came in at -5%.
Cinemark Holdings stock earns the No. 2 rank among its peers in the Leisure-Movies & Related industry group. Netflix is the top-ranked stock within the group.
