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Investors Business Daily
Investors Business Daily
Business
INVESTOR'S BUSINESS DAILY

Oscar Health Clears Technical Benchmark, Hitting 90-Plus RS Rating

On Monday, Oscar Health earned an upgrade to its Relative Strength (RS) Rating, from 89 to 93.

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IBD's proprietary RS Rating measures technical performance by showing how a stock's price action over the last 52 weeks compares to that of the other stocks in our database.

History reveals that the top-performing stocks tend to have an 80 or better RS Rating in the early stages of their moves.

Oscar Health is not currently near a potential buy zone. See if the stock goes on to build a sound pattern that could launch a new move.

Earnings growth moved up last quarter from 0% to 48%, but sales fell from 67% to 42%.

The company earns the No. 1 rank among its peers in the Insurance-Accident & Healthcare industry group. Trupanion and Unum Group 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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