On Thursday, Cinemark Holdings stock earned a positive adjustment to its Relative Strength (RS) Rating, from 70 to 76.
When looking for the best stocks to buy and watch, be sure to pay attention to relative price strength.
This unique rating measures 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.
Decades of market research reveals that the best stocks tend to have an RS Rating of over 80 as they begin their largest climbs. See if Cinemark Holdings stock can continue to rebound and clear that threshold.
See How IBD Helps You Make More Money In Stocks
Is Cinemark Holdings Stock A Buy?
Cinemark Holdings stock is trying to complete a consolidation with an 18.85 entry. See if the stock can clear the breakout price in heavy volume.
The movie theatre operator showed 0% earnings growth in its most recent report. Sales increased 27%.
Cinemark Holdings stock holds the No. 4 rank among its peers in the Leisure-Movies & Related industry group. Netflix and Cinemark Holdings are also among the group's highest-rated stocks.