In a welcome move, Webull saw its Relative Strength Rating rise from 68 to 76 on Thursday.
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IBD's unique RS Rating identifies technical performance by using a 1 (worst) to 99 (best) score that indicates how a stock's price action over the last 52 weeks matched up against all other stocks.
Decades of market research shows that the market's biggest winners often have an 80 or higher RS Rating in the early stages of their moves. See if Webull can continue to rebound and clear that threshold.
Webull has risen more than 5% past a 12.32 entry in a first-stage flat base, meaning it's now out of a proper buy zone. Look for the stock to create a new chance to pick up shares like a three-weeks tight or pullback to the 50-day or 10-week moving average.
The company showed 0% EPS growth in the latest quarterly report. Sales gains came in at 32%.
The company earns the No. 27 rank among its peers in the Finance-Investment Banking/Brokers industry group. Futu Holdings ADR, Robinhood Markets and LPL Financial Holdings 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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