Houlihan Lokey Cl A saw a welcome improvement to its Relative Strength (RS) Rating on Tuesday, rising from 78 to 83.
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This unique rating measures technical performance by showing how a stock's price movement over the last 52 weeks measures up against that of the other stocks in our database.
History shows that the best-performing stocks typically have an RS Rating of above 80 as they begin their biggest runs.
Houlihan Lokey Cl A is trying to complete a consolidation with a 192.10 buy point. See if the stock can clear the breakout price in volume at least 40% above average.
Taking a look at revenue and profit performance, the company has posted two quarters of rising earnings growth. Top line growth has also increased during the same period.
Houlihan Lokey Cl A earns the No. 2 rank among its peers in the Finance-Investment Banking/Brokers industry group. Futu Holdings ADR 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.
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