On Friday, HCA Healthcare cleared an important technical benchmark, seeing its Relative Strength (RS) Rating jump into the 80-plus percentile with an improvement to 85, up from 79 the day before.
This unique rating identifies market leadership by showing how a stock's price movement over the last 52 weeks measures up against that of the other stocks in our database.
History reveals that the best stocks often have an 80 or better RS Rating as they begin their biggest price moves.
Risk Management In The Stock Market: How Much Money To Invest Now
HCA Healthcare is building a consolidation with a 417.14 entry. See if the stock can clear the breakout price in heavy trade.
The company showed 5% earnings growth in its most recent report. Sales gains came in at 6%. Look for the next report on or around Apr. 18.
HCA Healthcare earns the No. 6 rank among its peers in the Medical-Hospitals industry group. Universal Health Cl B, Tenet Healthcare and Nutex Health are among the top 5 highly rated stocks 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.
RELATED:
Stocks With Rising Relative Strength Ratings
Why Should You Use IBD's Relative Strength Rating?
How Relative Strength Line Can Help You Judge A Stock
Ready To Grow Your Investing Skills? Join An IBD Meetup Group!
