Willis Lease Finance had its Relative Strength (RS) Rating upgraded from 79 to 82 Monday.
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This unique rating tracks technical performance by showing how a stock's price action 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 stocks that go on to make the biggest gains typically have an 80 or higher RS Rating as they launch their biggest price moves.
Willis Lease Finance is now considered extended and out of buy range after clearing a 67.50 buy point in a fourth-stage flat base. See if the stock forms a new pattern or follow-on buying opportunity like a three-weeks tight or pullback to the 50-day or 10-week moving average.
The company showed -26% earnings growth in its most recent report, while sales growth came in at 32%.
Willis Lease Finance earns the No. 7 rank among its peers in the Commercial Services-Leasing industry group. AerCap Holdings, McGrath RentCorp and United Rentals 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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