General Motors saw a positive improvement to its Relative Strength (RS) Rating on Wednesday, with an upgrade from 68 to 72.
Can You Really Time The Stock Market?
IBD's unique RS Rating identifies market leadership by using a 1 (worst) to 99 (best) score that shows how a stock's price action over the trailing 52 weeks stacks up against all the other stocks in our database.
Decades of market research reveals that the market's biggest winners tend to have an RS Rating of over 80 in the early stages of their moves. See if General Motors can continue to rebound and hit that benchmark.
General Motors is working on a consolidation with a 61.24 entry. See if the stock can clear the breakout price in heavy trading.
The company posted 6% EPS growth in the latest quarterly report. Revenue rose 2%.
General Motors earns the No. 2 rank among its peers in the Auto Manufacturers industry group. Ferrari 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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