SiriusPoint saw a positive improvement to its Relative Strength (RS) Rating on Tuesday, rising from 67 to 73.
When To Sell Stocks To Lock In Profits And Minimize Losses
This proprietary rating identifies technical performance by showing how a stock's price movement over the last 52 weeks measures up against that of the other stocks in our database.
Over 100 years of market history shows that the best stocks often have an RS Rating north of 80 as they launch their biggest runs. See if SiriusPoint can continue to show renewed price strength and hit that benchmark.
SiriusPoint is trying to complete a consolidation with a 21.03 buy point. See if it can clear the breakout price in volume at least 40% higher than normal. It's a later-stage pattern, and investors should be aware that those are less likely to work.
The company reported -12% EPS growth last quarter. Sales increased 1%.
The company earns the No. 38 rank among its peers in the Insurance-Property/Casualty/Title industry group. Amer Integrity Ins, HCI Group and Heritage Insurance 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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