The Relative Strength (RS) Rating for Otis Worldwide moved up into a higher percentile Thursday, as it got a lift from 69 to 73.
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IBD's proprietary rating identifies share price movement with a 1 (worst) to 99 (best) score. The grade shows how a stock's price movement over the trailing 52 weeks stacks up against all the other stocks in our database.
Decades of market research reveals that the top-performing stocks often have an RS Rating of over 80 in the early stages of their moves. See if Otis Worldwide can continue to rebound and hit that benchmark.
Otis Worldwide is working on a consolidation with a 106.83 entry. See if the stock can break out in heavy volume.
Otis Worldwide showed 5% EPS growth in the latest quarterly report. Sales increased -3%.
The company earns the No. 22 rank among its peers in the Machinery-General Industrial industry group. ESCO Technologies, Badger Meter and DXP Enterprises 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.
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