Unilever ADR saw a welcome improvement to its Relative Strength (RS) Rating on Tuesday, rising from 64 to 71.
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This exclusive rating from Investor's Business Daily tracks market leadership with a 1 (worst) to 99 (best) score. The grade shows how a stock's price behavior over the last 52 weeks stacks up against all the other stocks in our database.
History shows that the best-performing stocks typically have an RS Rating of above 80 in the early stages of their moves. See if Unilever ADR can continue to rebound and clear that threshold.
Unilever ADR is working on a saucer with handle with a 65.66 buy point. See if the stock can clear the breakout price in volume at least 40% above average.
The company posted 4% earnings growth in the latest quarterly report, while sales growth came in at -5%.
The company holds the No. 6 rank among its peers in the Food-Packaged industry group. Seneca Foods Cl B, Seneca Foods Cl A and Unilever 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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