The Relative Strength (RS) Rating for Limbach Holdings entered a new percentile Friday, with an increase from 80 to 84.
Hone Your Stock-Picking Skills By Focusing On These Factors
IBD's proprietary RS Rating measures 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.
Decades of market research shows that the top-performing stocks often have an RS Rating of over 80 as they begin their biggest runs.
Limbach Holdings is working on a consolidation with a 154.05 buy point. See if the stock can break out in heavy trading. Be aware that it's a sixth-stage base. Later-stage patterns can work, but have a greater likelihood of failure since, by that point, the stock has already risen significantly..
Earnings growth declined last quarter from 37% to 27%. But revenue moved higher, from 12% to 16%.
The company earns the No. 3 rank among its peers in the Building-A/C & Heating Products industry group. Comfort Systems USA is the No. 1-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.
RELATED:
IBD Stock Rating Upgrades: Rising Relative Strength
