On Monday, Ryanair Holdings ADR hit an important technical milestone, seeing its Relative Strength (RS) Rating jump into the 80-plus percentile with an improvement to 82, up from 77 the day before.
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This proprietary rating tracks technical performance by showing how a stock's price action over the last 52 weeks compares to that of the other stocks in our database.
Over 100 years of market history reveals that the top-performing stocks tend to have an RS Rating north of 80 as they begin their biggest climbs.
Ryanair Holdings ADR is trying to complete a cup without handle with a 60.29 buy point. See if the stock can break out in heavy volume.
Earnings growth moved up in the company's most recent report from -1% to 833%, but sales fell from 8% to 3%. The company is expected to report its latest earnings and sales numbers on or around May 19.
Ryanair Holdings ADR earns the No. 5 rank among its peers in the Transportation-Airline industry group. Southwest Airlines 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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