Colgate-Palmolive had its Relative Strength (RS) Rating upgraded from 65 to 76 Tuesday — a welcome improvement, but still below the 80 or higher score you look for.
This unique rating identifies market leadership by using a 1 (worst) to 99 (best) score that identifies how a stock's price performance over the last 52 weeks matched up against all other stocks.
Over 100 years of market history reveals that the stocks that go on to make the biggest gains often have an 80 or higher RS Rating in the early stages of their moves. See if Colgate-Palmolive can continue to show renewed price strength and clear that threshold.
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Colgate-Palmolive is building a consolidation with a 109.30 buy point. See if it can clear the breakout price in volume at least 40% above average.
The company reported 5% earnings growth in its most recent report. Sales increased 0%.
Colgate-Palmolive earns the No. 4 rank among its peers in the Cosmetics/Personal Care industry group. ODDITY Tech is the top-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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