In a welcome move, Moody's saw its Relative Strength Rating rise from 69 to 76 on Tuesday.
When To Sell Stocks To Lock In Profits And Minimize Losses
IBD's unique rating tracks price action with a 1 (worst) to 99 (best) score. The score shows how a stock's price movement over the trailing 52 weeks holds up against all the other stocks in our database.
Decades of market research shows that the best stocks often have an RS Rating of over 80 as they begin their biggest price moves. See if Moody's can continue to rebound and clear that threshold.
Moody's is in a buy zone after climbing above a 480.86 entry in a double bottom. The proper buying range is up to 5% above the initial entry. Once a stock moves above that range, it's best to wait for it to set up another buying opportunity..
Moody's posted 14% EPS growth last quarter. Sales increased 8%.
Moody's earns the No. 3 rank among its peers in the Commercial Services-Market Research industry group. S&P Global is the No. 1-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:
Which Stocks Are Showing 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!
