One important metric to look for in a stock is an 80 or higher Relative Strength Rating. Enova International now clears that threshold, with a jump from 80 to 84 Monday.
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IBD's unique rating identifies market leadership with a 1 (worst) to 99 (best) score. The score shows how a stock's price behavior over the last 52 weeks stacks up against all the other stocks in our database.
Over 100 years of market history reveals that the top-performing stocks often have an RS Rating of at least 80 in the early stages of their moves.
Enova International is trying to complete a consolidation with a 117.56 buy point. See if the stock can clear the breakout price in volume at least 40% higher than normal.
Earnings growth moved up in the company's most recent report from 43% to 56%, but sales fell from 25% to 22%.
The company holds the No. 3 rank among its peers in the Finance-Consumer Loans industry group. Atlanticus Holdings 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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