On Tuesday, Expedia Group received a positive adjustment to its Relative Strength (RS) Rating, from 64 to 80.
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This unique rating tracks technical performance by using a 1 (worst) to 99 (best) score that shows how a stock's price action over the last 52 weeks matches up against other publicly traded companies.
Decades of market research reveals that the best-performing stocks often have an RS Rating of over 80 in the early stages of their moves.
While now is not an ideal time to jump in, see if the stock manages to establish and enter a buying range in heavy volume.
While the company's top line growth fell last quarter from 10% to 3%, EPS grew 90%, up from 39% in the previous report.
The company holds the No. 3 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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