Willis Lease Finance saw a positive improvement to its Relative Strength (RS) Rating on Tuesday, with an increase from 80 to 84.
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This exclusive rating from Investor's Business Daily measures price movement with a 1 (worst) to 99 (best) score. The rating shows how a stock's price movement over the trailing 52 weeks holds up against all the other stocks in our database.
Over 100 years of market history reveals that the best stocks often have an RS Rating north of 80 as they begin their biggest climbs.
Willis Lease Finance is now considered extended and out of buy range after clearing a 67.50 buy point in a fourth-stage flat base. See if the stock forms a new pattern or follow-on buying opportunity like a three-weeks tight or pullback to the 50-day or 10-week moving average.
The company reported -26% EPS growth in the latest quarterly report. Revenue gains came in at 32%.
Willis Lease Finance earns the No. 7 rank among its peers in the Commercial Services-Leasing industry group. AerCap Holdings, GATX and United Rentals 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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