Ryanair Holdings ADR had its Relative Strength (RS) Rating upgraded from 68 to 77 Monday — a welcome improvement, but still shy of the 80 or better score you prefer to see.
Can You Really Time The Stock Market?
IBD's proprietary RS Rating tracks market leadership by using a 1 (worst) to 99 (best) score that shows how a stock's price action over the last 52 weeks compares to the rest of the market.
History shows that the best stocks typically have an 80 or better RS Rating in the early stages of their moves. See if Ryanair Holdings ADR can continue to show renewed price strength and hit that benchmark.
Ryanair Holdings ADR is not currently near a potential buy zone. See if the stock goes on to build a chart pattern that could launch a new move.
While the company's top line growth fell last quarter from 8% to 3%, earnings-per-share grew 833%, up from -1% in the previous report. The next quarterly results are expected on or around May 19.
Ryanair Holdings ADR earns the No. 3 rank among its peers in the Transportation-Airline industry group. Skywest 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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