The Relative Strength (RS) Rating for Credit Acceptance moved into a new percentile Wednesday, as it got a lift from 67 to 72.
This exclusive rating from Investor's Business Daily measures market leadership with a 1 (worst) to 99 (best) score. The score shows how a stock's price behavior over the trailing 52 weeks compares to all the other stocks in our database.
History reveals that the best-performing stocks tend to have an 80 or higher RS Rating in the early stages of their moves. See if Credit Acceptance can continue to show renewed price strength and hit that benchmark.
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Credit Acceptance is working on a consolidation with a 616.66 entry. See if the stock can break out in volume at least 40% above average.
The company posted 1% earnings growth in the latest quarterly report. Sales gains came in at 15%. The company is expected to report its latest earnings and sales numbers on or around May 5.
Credit Acceptance holds the No. 9 rank among its peers in the Finance-Consumer Loans industry group. Mr. Cooper Group, Enova International and Ezcorp Cl A 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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