Equifax saw a positive improvement to its Relative Strength (RS) Rating on Friday, with an upgrade from 69 to 77.
How To Invest In Stocks In Both Bull And Bear Markets
IBD's proprietary rating measures market leadership with a 1 (worst) to 99 (best) score. The grade shows how a stock's price behavior over the last 52 weeks compares to all the other stocks in our database.
Over 100 years of market history shows that the best stocks typically have an 80 or higher RS Rating in the early stages of their moves. See if Equifax can continue to show renewed price strength and clear that threshold.
Equifax is building a consolidation with a 309.63 entry. See if it can clear the breakout price in heavy trading.
The company posted 2% earnings growth last quarter. Revenue increased 4%.
Equifax earns the No. 19 rank among its peers in the Financial Services-Specialty industry group. X Financial ADR, Marex Group and Tradeweb Markets 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.
RELATED:
IBD Stock Rating Upgrades: Rising Relative Strength
Why Should You Use IBD's Relative Strength Rating?
How Relative Strength Line Can Help You Judge A Stock
Ready To Grow Your Investing Skills? Join An IBD Meetup Group!
