FirstService had its Relative Strength (RS) Rating upgraded from 68 to 72 Wednesday — a welcome improvement, but still short of the 80 or higher score you prefer to see.
Can You Really Time The Stock Market?
IBD's proprietary RS Rating measures technical performance by showing how a stock's price movement over the last 52 weeks compares to that of the other stocks in our database.
History reveals that the stocks that go on to make the biggest gains typically have an RS Rating of at least 80 as they begin their largest climbs. See if FirstService can continue to rebound and clear that threshold.
FirstService is trying to complete a consolidation with a 197.84 entry. See if the stock can clear the breakout price in heavy volume.
Earnings growth picked up last quarter from 21% to 37%. But sales fell from 27% to 8%.
FirstService earns the No. 4 rank among its peers in the Real Estate-Development/Operations industry group. Grupo Aeroportuario ADR 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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