On Friday, Expedia Group got a positive adjustment to its Relative Strength (RS) Rating, from 70 to 81.
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IBD's unique rating measures market leadership with a 1 (worst) to 99 (best) score. The rating shows how a stock's price movement over the last 52 weeks holds up against all the other stocks in our database.
Over 100 years of market history reveals that the stocks that go on to make the biggest gains typically have an RS Rating of over 80 as they launch their biggest price moves.
Expedia Group is still within a buy zone after breaking past a 177.91 buy point in a cup with handle. Once a stock moves 5% or higher beyond the original entry, it's considered out of buy range.
Earnings growth picked up last quarter from 39% to 90%. But sales fell from 10% to 3%. Keep an eye out for the company's next round of numbers on or around Aug. 7.
Expedia Group earns the No. 2 rank among its peers in the Leisure-Travel Booking industry group. Booking Holdings 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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