Toll Brothers saw a welcome improvement to its Relative Strength (RS) Rating on Monday, rising from 69 to 72.
When To Sell Stocks To Lock In Profits And Minimize Losses
This exclusive rating from Investor's Business Daily identifies market leadership with a 1 (worst) to 99 (best) score. The grade shows how a stock's price movement over the last 52 weeks stacks up against all the other stocks in our database.
Over 100 years of market history reveals that the best-performing stocks typically have an RS Rating of above 80 as they launch their biggest price moves. See if Toll Brothers can continue to rebound and clear that threshold.
Toll Brothers broke out earlier, but has fallen back below the prior 140.86 entry from a cup with handle. If a stock you're tracking clears a buy point then declines 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 buy point. Also keep in mind that the latest pattern is a later-stage base, and such bases are more prone to failure.
Taking a look at top and bottom line numbers, Toll Brothers has posted two quarters of rising earnings growth. Top line growth has also risen over the same time frame.
Toll Brothers holds the No. 2 rank among its peers in the Building-Residential/Commercial industry group. Comstock Holding Cl A 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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