The Relative Strength (RS) Rating for Moody's headed into a higher percentile Friday, as it got a lift from 68 to 72.
When To Sell Stocks To Lock In Profits And Minimize Losses
This proprietary rating tracks 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.
History reveals that the top-performing stocks typically have an RS Rating of above 80 in the early stages of their moves. See if Moody's can continue to show renewed price strength and clear that threshold.
Moody's is now considered extended and out of buy range after clearing a 480.86 buy point in a first-stage double bottom. See if the stock forms a new pattern or follow-on buying opportunity like a three-weeks tight or pullback to the 50-day or 10-week moving average.
The company posted 9% EPS growth in the latest quarterly report, while sales growth came in at 4%.
The company earns the No. 1 rank among its peers in the Commercial Services-Market Research industry group. S&P Global and Smart Digital Group are also among the group's highest-rated stocks.
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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