In a welcome move, Main Street Capital saw its Relative Strength Rating rise from 68 to 72 on Friday.
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IBD's unique RS Rating measures technical performance by showing how a stock's price action over the last 52 weeks measures up against that of the other stocks in our database.
History shows that the stocks that go on to make the biggest gains often have an 80 or better RS Rating as they begin their largest climbs. See if Main Street Capital can continue to rebound and clear that threshold.
Main Street Capital is trying to complete a flat base with a 67.77 buy point. See if the stock can clear the breakout price in volume at least 40% above average.
Top and bottom line growth moved higher in the company's most recent quarter. Earnings were up 4%, compared to -4% in the prior report. Revenue increased from 4% to 9%.
Main Street Capital holds the No. 22 rank among its peers in the Finance-Investment Management industry group. Acadian Asset Management, Acorn Energy and Sprott 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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