On Monday, US Physical Therapy received an upgrade to its Relative Strength (RS) Rating, from 70 to 73.
Can You Really Time The Stock Market?
IBD's proprietary RS Rating measures technical performance by showing how a stock's price movement over the last 52 weeks compares to that of the other stocks in our database.
Decades of market research reveals that the top-performing stocks typically have an 80 or better RS Rating in the early stages of their moves. See if US Physical Therapy can continue to show renewed price strength and hit that benchmark.
US Physical Therapy is trying to complete a cup with handle with a 91.43 buy point. See if it can clear the breakout price in volume at least 40% higher than normal.
US Physical Therapy reported 11% earnings growth last quarter, while sales growth came in at 18%. Look for the next report on or around Nov. 11.
The company earns the No. 6 rank among its peers in the Medical-Outpatient/Home Care industry group. BrightSpring Hlth Svcs, Encompass Health and Pediatrix Medical 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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