Expedia Group saw a positive improvement to its Relative Strength (RS) Rating on Tuesday, rising from 78 to 81.
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This unique rating tracks technical performance by showing how a stock's price action over the last 52 weeks compares to that of the other stocks in our database.
Decades of market research reveals that the best stocks tend to have an RS Rating north of 80 in the early stages of their moves.
Expedia Group is still inside a buy zone after breaking past a 177.91 buy point in a cup with handle. The proper buying range extends to 5% above the initial entry. Once a stock hits that benchmark, it's best to wait for it to set up another buying opportunity.
Earnings growth increased 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 holds the No. 2 rank among its peers in the Leisure-Travel Booking industry group. Booking Holdings 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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