The Relative Strength (RS) Rating for Colliers International entered a new percentile Wednesday, with a rise from 77 to 83.
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This unique rating measures market leadership by showing how a stock's price movement over the last 52 weeks measures up against that of other stocks on the major indexes.
History reveals that the stocks that go on to make the biggest gains tend to have an RS Rating north of 80 in the early stages of their moves.
Colliers International is trying to complete a cup without handle with a 156.96 buy point. See if it can clear the breakout price in volume at least 40% above average.
Earnings grew 26% last quarter, up from 13% in the prior report. Revenue also increased, from 14% to 18%.
The company holds the No. 3 rank among its peers in the Real Estate-Development/Operations industry group. Newmark Group is the No. 1-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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