The Relative Strength (RS) Rating for Coca-Cola Europacific climbed into a new percentile Tuesday, with a rise from 80 to 83.
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This exclusive rating from Investor's Business Daily identifies market leadership with a 1 (worst) to 99 (best) score. The score shows how a stock's price behavior over the last 52 weeks holds up against all the other stocks in our database.
Over 100 years of market history shows that the stocks that go on to make the biggest gains often have an RS Rating of over 80 as they begin their biggest climbs.
Coca-Cola Europacific has climbed more than 5% past an 88.39 entry in a second-stage flat base, meaning it's now out of a proper buy range. Look for the stock to create a new chance to pick up shares like a three-weeks tight or pullback to the 50-day or 10-week line.
The company posted 12% EPS growth in its most recent report. Sales gains came in at 15%.
Coca-Cola Europacific holds the No. 2 rank among its peers in the Beverages-Non-Alcoholic industry group. Embotell Andina A ADR is the top-ranked stock 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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