Willis Lease Finance had its Relative Strength (RS) Rating upgraded from 70 to 79 Friday — a welcome improvement, but still shy of the 80 or higher score you look for.
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IBD's proprietary rating measures share price action with a 1 (worst) to 99 (best) score. The grade shows how a stock's price movement over the trailing 52 weeks stacks up against all the other stocks in our database.
Decades of market research shows that the best stocks often have an RS Rating north of 80 in the early stages of their moves. See if Willis Lease Finance can continue to rebound and clear that threshold.
Willis Lease Finance is now considered extended and out of buy range after clearing a 67.50 buy point in a fourth-stage flat base. See if the stock forms a new pattern or follow-on buying opportunity like a three-weeks tight or pullback to the 50-day or 10-week line.
Willis Lease Finance posted -26% EPS growth last quarter. Revenue increased 32%.
Willis Lease Finance earns the No. 8 rank among its peers in the Commercial Services-Leasing industry group. AerCap Holdings, United Rentals and McGrath RentCorp 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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