eXp World Holdings had its Relative Strength (RS) Rating upgraded from 64 to 76 Monday — a welcome improvement, but still shy of the 80 or better score you prefer to see.
This proprietary rating measures technical performance by using a 1 (worst) to 99 (best) score that shows how a stock's price action over the trailing 52 weeks compares to the rest of the market.
Over 100 years of market history shows that the best stocks often have an RS Rating of over 80 in the early stages of their moves. See if eXp World Holdings can continue to rebound and clear that threshold.
How To Invest In Stocks In Both Bull And Bear Markets
eXp World Holdings is trying to complete a consolidation with a 15.39 buy point. See if the stock can break out in heavy trade.
While the company's top line growth fell last quarter from 5% to 2%, the bottom line grew 400%, up from 33% in the previous report.
The company holds the No. 13 rank among its peers in the Real Estate-Development/Operations industry group. Amrep Corp, CBRE Group and FirstService are among the top 5 highly rated stocks within the group.
RELATED:
Stocks With Rising Relative Strength Ratings
Why Should You Use IBD's Relative Strength Rating?
How Relative Strength Line Can Help You Judge A Stock
Ready To Grow Your Investing Skills? Join An IBD Meetup Group!
