The Relative Strength (RS) Rating for Corvel climbed into a higher percentile Monday, as it got a lift from 62 to 74.
Can You Really Time The Stock Market?
IBD's unique rating measures market leadership 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.
Over 100 years of market history reveals that the market's biggest winners tend to have an RS Rating north of 80 as they begin their largest climbs. See if Corvel can continue to rebound and clear that threshold.
Corvel is building a consolidation with a 128.61 buy point. See if the stock can break out in heavy volume.
Earnings growth picked up last quarter from 18% to 39%. But sales fell from 15% to 13%. Keep an eye out for the company's next round of numbers on or around May 22.
Corvel holds the No. 1 rank among its peers in the Commercial Services-Healthcare industry group. Healthcare Services and Premier Inc. 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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