The Relative Strength (RS) Rating for Zillow Group Cl C moved up into a higher percentile Friday, as it got a lift from 67 to 71.
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IBD's unique RS Rating measures technical performance by using a 1 (worst) to 99 (best) score that identifies how a stock's price action over the last 52 weeks compares to the rest of the market.
Over 100 years of market history reveals that the market's biggest winners tend to have an 80 or better RS Rating in the early stages of their moves. See if Zillow Group Cl C can continue to show renewed price strength and hit that benchmark.
While the stock is not near a proper buying range right now, see if it manages to form and break out from a proper base.
The company posted 14% earnings growth in the latest quarterly report, while sales growth came in at 13%.
Zillow Group Cl C earns the No. 9 rank among its peers in the Real Estate-Development/Operations industry group. Grupo Aeroportuario ADR, Gpo Aeroport Sureste ADR and CBRE Group 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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