The Relative Strength (RS) Rating for Chemed jumped into a higher percentile Friday, as it got a lift from 64 to 76.
This exclusive rating from Investor's Business Daily identifies price movement with a 1 (worst) to 99 (best) score. The score shows how a stock's price movement over the trailing 52 weeks holds up against all the other stocks in our database.
Decades of market research reveals that the best stocks tend to have an RS Rating north of 80 in the early stages of their moves. See if Chemed can continue to show renewed price strength and clear that threshold.
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Chemed is working on a consolidation with a 654.62 entry. See if it can clear the breakout price in heavy volume.
Earnings growth decreased last quarter from 6% to 3%. But revenue moved higher, from 7% to 9%.
The company holds the No. 6 rank among its peers in the Diversified Operations industry group. Roper Technologies, Johnson Controls Intl and Berkshire Hathaway Cl B 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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