Option Care Health had its Relative Strength (RS) Rating upgraded from 68 to 71 Monday — a welcome improvement, but still shy of the 80 or higher score you prefer to see.
Can You Really Time The Stock Market?
IBD's unique RS Rating tracks technical performance by showing how a stock's price action over the last 52 weeks measures up against that of the other stocks in our database.
Over 100 years of market history shows that the best-performing stocks typically have an RS Rating north of 80 as they launch their biggest runs. See if Option Care Health can continue to rebound and clear that threshold.
Option Care Health is trying to complete a consolidation with a 35.53 buy point. See if the stock can clear the breakout price in volume at least 40% higher than normal.
Option Care Health showed 14% earnings growth in its most recent report, while sales growth came in at 16%. Look for the next report on or around Jul. 30.
Option Care Health earns the No. 4 rank among its peers in the Medical-Services industry group. Hims & Hers Health is the top-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.
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