On Thursday, Rollins hit an important technical milestone, with its Relative Strength (RS) Rating rising into the 80-plus percentile with an improvement to 83, a rise from 79 the day before.
Hone Your Stock-Picking Skills By Focusing On These Factors
IBD's unique rating tracks market leadership with a 1 (worst) to 99 (best) score. The grade shows how a stock's price performance over the last 52 weeks compares to all the other stocks in our database.
History shows that the best stocks typically have an RS Rating of at least 80 as they begin their biggest climbs.
Rollins has moved more than 5% past a 52.16 entry in a first-stage cup without handle, meaning it's now out of a proper buy range. 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.
The company posted 10% EPS growth in its most recent report, while sales growth came in at 10%.
Rollins earns the No. 4 rank among its peers in the Building-Maintenance & Services industry group. IES Holdings 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.
RELATED:
IBD Stock Rating Upgrades: Rising Relative Strength
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!
