The Relative Strength (RS) Rating for Chubb entered a new percentile Tuesday, with an increase from 77 to 84.
IBD's unique RS Rating identifies market leadership by using a 1 (worst) to 99 (best) score that indicates how a stock's price action over the trailing 52 weeks matches up against the rest of the market.
Over 100 years of market history shows that the stocks that go on to make the biggest gains often have an RS Rating north of 80 in the early stages of their moves.
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Chubb is trying to complete a consolidation with a 302.05 buy point. See if the stock can clear the breakout price in heavy trade.
While EPS growth declined in the company's most recently reported quarter from 16% to -27%, the top line grew 9%, up from 7% in the previous report.
Chubb holds the No. 8 rank among its peers in the Insurance-Property/Casualty/Title industry group. Goosehead Insurance Cl A, Root Cl A and Investors Title 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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