On Monday, Radian Group earned an upgrade to its Relative Strength (RS) Rating, from 70 to 74.
How To Invest In Stocks In Both Bull And Bear Markets
This proprietary rating measures market leadership by showing how a stock's price action over the last 52 weeks compares to that of the other stocks in our database.
Decades of market research reveals that the top-performing stocks typically have an 80 or better RS Rating as they begin their largest runs. See if Radian Group can continue to rebound and hit that benchmark.
Radian Group is trying to complete a consolidation with a 37.86 entry. See if the stock can clear the breakout price in volume at least 40% higher than normal.
Earnings growth decreased last quarter from 13% to -1%, but revenue rose from -4% to 0%.
Radian Group earns the No. 6 rank among its peers in the Finance-Mortgage & Related Services industry group. NMI Holdings, Finance of America and Enact Holdings 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.
RELATED:
Stocks With Rising Relative Strength Ratings
Why Should You Use IBD's Relative Strength Rating?
How Relative Strength Line Can Help You Judge A Stock
Ready To Grow Your Investing Skills? Join An IBD Meetup Group!
