Rogers Communications B had its Relative Strength (RS) Rating upgraded from 65 to 73 Wednesday — a welcome improvement, but still shy of the 80 or better score you look for.
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IBD's proprietary rating tracks price action with a 1 (worst) to 99 (best) score. The score shows how a stock's price movement over the last 52 weeks stacks up against all the other stocks in our database.
Over 100 years of market history shows that the best-performing stocks tend to have an RS Rating north of 80 as they launch their largest runs. See if Rogers Communications B can continue to rebound and hit that benchmark.
Rogers Communications B is working on a cup without handle with a 41.84 entry. See if the stock can break out in volume at least 40% higher than normal.
Rogers Communications B reported 0% EPS growth last quarter. Revenue increased 2%. The company is expected to report its latest performance numbers on or around Jul. 23.
Rogers Communications B earns the No. 3 rank among its peers in the Telecom Services-Foreign industry group. Millicom Intl Cellular 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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