General Motors saw a welcome improvement to its Relative Strength (RS) Rating on Tuesday, with an increase from 64 to 76.
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This exclusive rating from Investor's Business Daily identifies market leadership with a 1 (worst) to 99 (best) score. The score shows how a stock's price performance over the trailing 52 weeks compares to 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 at least 80 as they launch their largest climbs. See if General Motors can continue to rebound and clear that threshold.
General Motors is working on a consolidation with a 61.24 buy point. See if it can clear the breakout price in heavy trading.
The company posted 6% EPS growth in its most recent report. Sales increased 2%.
General Motors earns the No. 2 rank among its peers in the Auto Manufacturers industry group. Ferrari 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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