In a welcome move, First Advantage saw its Relative Strength Rating rise from 68 to 71 on Thursday.
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This proprietary rating measures technical performance by using a 1 (worst) to 99 (best) score that indicates how a stock's price action over the last 52 weeks compares to the rest of the market.
Over 100 years of market history reveals that the best stocks often have an RS Rating north of 80 as they launch their largest climbs. See if First Advantage can continue to show renewed price strength and clear that threshold.
First Advantage is working on a consolidation with a 20.79 entry. See if the stock can break out in heavy volume.
Top and bottom line growth moved higher in the company's most recent quarter. Earnings were up 0%, compared to -38% in the prior report. Revenue increased from 52% to 109%. Keep an eye out for the company's next round of numbers on or around Aug. 7.
First Advantage holds the No. 2 rank among its peers in the Commercial Services-Staffing industry group. Heidrick & Struggles 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.
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