Assured Guaranty had its Relative Strength (RS) Rating upgraded from 64 to 71 Friday — a welcome improvement, but still shy of the 80 or better score you prefer to see.
IBD's unique RS Rating identifies technical performance by using a 1 (worst) to 99 (best) score that identifies how a stock's price performance over the trailing 52 weeks matched up against all other stocks.
Decades of market research reveals that the market's biggest winners typically have an RS Rating north of 80 as they begin their largest runs. See if Assured Guaranty can continue to show renewed price strength and clear that threshold.
When To Sell Stocks To Lock In Profits And Minimize Losses
Assured Guaranty is not currently near a potential buy zone. See if the stock goes on to form a promising consolidation that could spark a new run.
Earnings growth dropped in the most recent report from 140% to -29%. But revenue moved higher, from -44% to -33%.
The company earns the No. 29 rank among its peers in the Insurance-Property/Casualty/Title industry group. Kinsale Capital Group, Mercury General and Allstate are among the top 5 highly rated stocks within the group.
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