The Relative Strength (RS) Rating for MGIC Investment moved up into a new percentile Thursday, as it got a lift from 69 to 73.
When To Sell Stocks To Lock In Profits And Minimize Losses
IBD's proprietary rating tracks market leadership with a 1 (worst) to 99 (best) score. The grade shows how a stock's price movement over the last 52 weeks holds up against all the other stocks in our database.
History shows that the stocks that go on to make the biggest gains often have an RS Rating of above 80 as they begin their biggest price moves. See if MGIC Investment can continue to rebound and hit that benchmark.
MGIC Investment is trying to complete a flat base with a 28.67 entry. See if it can break out in heavy trade.
MGIC Investment reported 6% EPS growth in the latest quarterly report. Revenue gains came in at 0%.
The company holds the No. 11 rank among its peers in the Insurance-Property/Casualty/Title industry group. Heritage Insurance, HCI Group and United Fire Group 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
