The Relative Strength (RS) Rating for Moody's entered a higher percentile Monday, as it got a lift from 69 to 72.
How To Invest In Stocks In Both Bull And Bear Markets
This proprietary rating measures market leadership by using a 1 (worst) to 99 (best) score that indicates how a stock's price action over the trailing 52 weeks stacks up against all the other stocks in our database.
Over 100 years of market history reveals that the best stocks often have an 80 or higher RS Rating as they launch their biggest price moves. See if Moody's can continue to rebound and clear that threshold.
Moody's is within a buy range after moving past a 480.86 buy point in a double bottom. Once a stock moves 5% or higher beyond the initial entry, it's considered out of buy range.
The company posted 14% earnings growth last quarter. Revenue rose 8%.
The company holds the No. 5 rank among its peers in the Commercial Services-Market Research industry group. Verisk Analytics 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.
RELATED:
IBD Stock Rating Upgrades: Rising Relative Strength
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!
