IES Holdings saw a positive improvement to its Relative Strength (RS) Rating on Tuesday, with an increase from 90 to 93.
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IBD's unique rating tracks price movement with a 1 (worst) to 99 (best) score. The rating shows how a stock's price movement over the trailing 52 weeks compares to all the other stocks in our database.
Over 100 years of market history reveals that the market's biggest winners typically have an 80 or higher RS Rating in the early stages of their moves.
IES Holdings is now considered extended and out of buy range after clearing a 184.38 buy point in a fifth-stage cup without handle. See if the stock forms a new pattern or follow-on buying opportunity like a three-weeks tight or pullback to the 50-day or 10-week moving average.
The company posted 40% earnings growth last quarter. Sales gains came in at 18%.
The company earns the No. 1 rank among its peers in the Building-Maintenance & Services industry group. Frontdoor and EMCOR Group are also among the group's highest-rated stocks.
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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