United Airlines saw a welcome improvement to its Relative Strength (RS) Rating on Wednesday, with an upgrade from 88 to 91.
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This exclusive rating from Investor's Business Daily tracks market leadership with a 1 (worst) to 99 (best) score. The rating shows how a stock's price behavior over the trailing 52 weeks stacks up against all the other stocks in our database.
Over 100 years of market history reveals that the market's biggest winners often have an 80 or higher RS Rating as they launch their biggest climbs.
United Airlines has climbed more than 5% past a 49.67 entry in a first-stage double bottom, meaning it's now out of a proper buy zone. Look for the stock to create a new chance to get in like a three-weeks tight or pullback to the 50-day or 10-week line.
United Airlines reported -7% EPS growth last quarter. Sales gains came in at 2%.
United Airlines holds the No. 7 rank among its peers in the Transportation-Airline industry group. Ryanair Holdings ADR, Skywest and Copa Holdings Cl A are among the top 5 highly rated stocks 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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