Perella Weinberg Ptrs had its Relative Strength (RS) Rating upgraded from 66 to 79 Tuesday — a welcome improvement, but still shy of the 80 or better score you look for.
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IBD's unique rating tracks share price action 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.
History shows that the stocks that go on to make the biggest gains tend to have an 80 or better RS Rating as they launch their biggest runs. See if Perella Weinberg Ptrs can continue to rebound and hit that benchmark.
Perella Weinberg Ptrs is working on a cup without handle with a 27.03 buy point. See if the stock can break out in volume at least 40% higher than normal.
The company posted negative growth for both sales and earnings last quarter.
Perella Weinberg Ptrs holds the No. 26 rank among its peers in the Finance-Investment Banking/Brokers industry group. Futu Holdings ADR, Robinhood Markets and Interactive Brokers 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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