The Relative Strength (RS) Rating for Moelis entered a new percentile Friday, as it got a lift from 68 to 77.
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This proprietary rating measures market leadership by using a 1 (worst) to 99 (best) score that indicates how a stock's price action over the last 52 weeks matched up against all other stocks.
Over 100 years of market history reveals that the market's biggest winners often have an 80 or better RS Rating in the early stages of their moves. See if Moelis can continue to rebound and clear that threshold.
Moelis is trying to complete a cup without handle with an 82.89 buy point. See if the stock can clear the breakout price in heavy trade.
Earnings growth increased last quarter from 0% to 191%, but sales fell from 104% to 41%. The next quarterly numbers are expected on or around Jul. 24.
The company holds the No. 9 rank among its peers in the Finance-Investment Banking/Brokers industry group. Futu Holdings ADR, Houlihan Lokey Cl A and LPL Financial Holdings 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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