Sun Country Airlines had its Relative Strength (RS) Rating upgraded from 65 to 72 Monday — a welcome improvement, but still shy of the 80 or higher score you prefer to see.
When To Sell Stocks To Lock In Profits And Minimize Losses
This proprietary rating measures market leadership by using a 1 (worst) to 99 (best) score that identifies how a stock's price action over the trailing 52 weeks compares to other publicly traded companies.
Over 100 years of market history shows that the best stocks typically have an RS Rating of above 80 in the early stages of their moves. See if Sun Country Airlines can continue to rebound and clear that threshold.
While Sun Country Airlines is not near a proper buying range right now, see if it is able to form and break out from a proper base.
While revenue growth fell last quarter from 5% to 4%, EPS grew 133%, up from 9% in the previous report.
The company earns the No. 7 rank among its peers in the Transportation-Airline industry group. Ryanair Holdings ADR, Copa Holdings Cl A and Skywest 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.
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