On Tuesday, Webull received a positive adjustment to its Relative Strength (RS) Rating, from 79 to 85.
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IBD's unique rating measures market leadership with a 1 (worst) to 99 (best) score. The score shows how a stock's price behavior over the trailing 52 weeks holds up against all the other stocks in our database.
History reveals that the best-performing stocks often have an 80 or better RS Rating in the early stages of their moves.
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 range. 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 line.
The company reported 0% earnings growth last quarter, while sales growth came in at 32%.
The company holds the No. 26 rank among its peers in the Finance-Investment Banking/Brokers industry group. Futu Holdings ADR, Robinhood Markets and UP Fintech Holding 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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