The Relative Strength (RS) Rating for TELUS Corp. jumped into a higher percentile Monday, as it got a lift from 66 to 72.
Can You Really Time The Stock Market?
This unique rating tracks technical performance by using a 1 (worst) to 99 (best) score that indicates how a stock's price performance over the trailing 52 weeks compares to other publicly traded companies.
History reveals that the top-performing stocks tend to have an RS Rating north of 80 in the early stages of their moves. See if TELUS Corp. can continue to show renewed price strength and clear that threshold.
TELUS Corp. is not currently offering a proper buying opportunity. See if the stock goes on to build a sound pattern that could launch a new move.
TELUS Corp. showed 0% earnings growth in the latest quarterly report, while sales growth came in at 3%.
TELUS Corp. holds the No. 11 rank among its peers in the Telecom Services-Foreign industry group. Millicom Intl Cellular, VEON ADR and TIM ADR 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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