On Friday, NMI Holdings received a positive adjustment to its Relative Strength (RS) Rating, from 77 to 81.
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This exclusive rating from Investor's Business Daily identifies market leadership with a 1 (worst) to 99 (best) score. The rating shows how a stock's price movement over the trailing 52 weeks holds up against all the other stocks in our database.
Over 100 years of market history reveals that the market's biggest winners tend to have an RS Rating of at least 80 as they begin their biggest climbs.
NMI Holdings is trying to complete a cup without handle with a 42.49 entry. See if the stock can break out in volume at least 40% above average.
Top and bottom line growth moved higher last quarter. Earnings were up 19%, compared to 6% in the prior report. Revenue increased from 10% to 11%.
The company earns the No. 1 rank among its peers in the Finance-Mortgage & Related Services industry group. Guild Holdings and Finance of America 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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