On Monday, Global Ship Lease Cl A earned a positive adjustment to its Relative Strength (RS) Rating, from 69 to 72.
When To Sell Stocks To Lock In Profits And Minimize Losses
This exclusive rating from Investor's Business Daily identifies share price action with a 1 (worst) to 99 (best) score. The rating shows how a stock's price performance 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 tend to have an RS Rating north of 80 as they begin their largest price moves. See if Global Ship Lease Cl A can continue to rebound and clear that threshold.
Global Ship Lease Cl A is building a cup with handle with a 26.65 entry. See if the stock can break out in volume at least 40% above average.
Earnings grew 5% last quarter, up from 2% in the prior report. Revenue also increased, from 2% to 6%.
The company holds the No. 5 rank among its peers in the Transportation-Ship industry group. Cap Clean Energy Carriers 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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