On Wednesday, Cincinnati Financial received a positive adjustment to its Relative Strength (RS) Rating, from 63 to 71.
This unique rating identifies market leadership by using a 1 (worst) to 99 (best) score that identifies how a stock's price action over the last 52 weeks stacks up against all the other stocks in our database.
Over 100 years of market history reveals that the best-performing stocks often have an RS Rating north of 80 in the early stages of their moves. See if Cincinnati Financial can continue to show renewed price strength and hit that benchmark.
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While the stock is not near a proper buying range right now, see if it goes on to form and break out of a proper base.
Earnings growth picked up last quarter from -14% to 38%. But sales fell from 83% to -24%.
Cincinnati Financial earns the No. 27 rank among its peers in the Insurance-Property/Casualty/Title industry group. Goosehead Insurance Cl A, Skyward Specialty Ins and Progressive are among the top 5 highly rated stocks within the group.
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