The Relative Strength (RS) Rating for Choice Hotels Intl climbed into a higher percentile Tuesday, as it got a lift from 62 to 71.
This proprietary rating measures technical performance by showing how a stock's price movement over the last 52 weeks measures up against that of the other stocks in our database.
History shows that the best stocks typically have an RS Rating of above 80 in the early stages of their moves. See if Choice Hotels Intl can continue to show renewed price strength and clear that threshold.
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While Choice Hotels Intl is not near a proper buy point right now, see if it manages to form and break out of a proper chart pattern.
Earnings growth dropped in the company's latest report from 23% to 8%, but the top line rose from 1% to 9%.
Choice Hotels Intl earns the No. 3 rank among its peers in the Leisure-Lodging industry group. Atour Lifestyle Hldgs ADR is the No. 1-ranked stock 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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