The Relative Strength (RS) Rating for Sixth Street Spc Lending moved into a new percentile Friday, as it got a lift from 70 to 74.
When To Sell Stocks To Lock In Profits And Minimize Losses
IBD's unique rating tracks price action with a 1 (worst) to 99 (best) score. The grade shows how a stock's price performance over the trailing 52 weeks stacks up against all the other stocks in our database.
History reveals that the best-performing stocks tend to have an 80 or better RS Rating as they begin their biggest climbs. See if Sixth Street Spc Lending can continue to rebound and hit that benchmark.
Sixth Street Spc Lending broke out earlier, but has fallen back below the prior 23.67 entry from a consolidation. If a stock you're tracking clears a buy point then retreats 7% or more below the original entry price, it's considered a failed base. Wait for the stock to set up and breakout from a new base and entry price. Also keep in mind that the latest pattern is a later-stage base, and such bases are more prone to failure.
Earnings growth moved up last quarter from 0% to 5%, but revenue fell from 3% to -1%.
Sixth Street Spc Lending earns the No. 4 rank among its peers in the Finance-Commercial Loans industry group. Esquire Finl Hldgs 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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