On Monday, BrightSpring Hlth Svcs reached an important technical milestone, seeing its Relative Strength (RS) Rating jump into the 90-plus percentile with an improvement to 95, up from 90 the day before.
Looking For The Best Stocks To Buy And Watch? Start Here
IBD's proprietary rating measures share price performance with a 1 (worst) to 99 (best) score. The rating shows how a stock's price behavior over the last 52 weeks compares to all the other stocks in our database.
History shows that the market's biggest winners tend to have an 80 or higher RS Rating in the early stages of their moves.
BrightSpring Hlth Svcs is working on a cup without handle with a 24.82 buy point. See if it can clear the breakout price in heavy trade.
The company reported 0% earnings growth in the latest quarterly report. Sales gains came in at 26%.
BrightSpring Hlth Svcs holds the No. 2 rank among its peers in the Medical-Outpatient/Home Care industry group. Encompass Health is the top-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.
RELATED:
Stocks With Rising Relative Strength Ratings
Why Should You Use IBD's Relative Strength Rating?
How Relative Strength Line Can Help You Judge A Stock
Ready To Grow Your Investing Skills? Join An IBD Meetup Group!
