CoreCivic saw a welcome improvement to its Relative Strength (RS) Rating on Friday, rising from 70 to 76.
When To Sell Stocks To Lock In Profits And Minimize Losses
IBD's unique rating identifies price performance with a 1 (worst) to 99 (best) score. The rating shows how a stock's price performance over the last 52 weeks compares to all the other stocks in our database.
History reveals that the stocks that go on to make the biggest gains often have an RS Rating north of 80 in the early stages of their moves. See if CoreCivic can continue to rebound and clear that threshold.
CoreCivic is working on a consolidation with a 24.99 entry. See if the stock can break out in heavy volume.
CoreCivic reported -2% earnings growth in the latest quarterly report. Revenue increased -2%. Keep an eye out for the company's next round of numbers on or around Aug. 6.
The company earns the No. 21 rank among its peers in the Security/Safety industry group. Federal Signal, APi Group and Axon Enterprise 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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