On Tuesday, Blue Owl Capital received an upgrade to its Relative Strength (RS) Rating, from 70 to 77.
IBD's proprietary RS Rating measures technical performance by using a 1 (worst) to 99 (best) score that indicates how a stock's price action over the trailing 52 weeks stacks up against all the other stocks in our database.
Decades of market research shows that the market's biggest winners often have an RS Rating of at least 80 in the early stages of their moves. See if Blue Owl Capital can continue to rebound and clear that threshold.
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Blue Owl Capital is working on a consolidation with a 26.73 entry. See if it can break out in heavy trading.
The company reported 17% earnings growth in its most recent report, while sales growth came in at 28%.
The company holds the No. 8 rank among its peers in the Finance-Investment Management industry group. P10, Acadian Asset Management and Equitable 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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