US Cellular saw a welcome improvement to its Relative Strength (RS) Rating on Friday, with an upgrade from 77 to 81.
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This proprietary rating tracks technical performance by showing how a stock's price movement over the last 52 weeks measures up against that of other stocks on the major indexes.
Over 100 years of market history reveals that the best stocks often have an 80 or better RS Rating in the early stages of their moves.
While US Cellular is not near a proper buying range right now, see if it goes on to form and break out of a proper consolidation.
Earnings growth picked up last quarter from -69% to 5%. But revenue gains fell from -3% to -6%.
US Cellular earns the No. 3 rank among its peers in the Telecom Services-Wireless industry group. T-Mobile US is the top-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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