The Relative Strength (RS) Rating for Fidelis Insurance Hldgs moved into a higher percentile Tuesday, as it got a lift from 67 to 74.
IBD's unique rating tracks price movement with a 1 (worst) to 99 (best) score. The score shows how a stock's price movement over the last 52 weeks stacks up against all the other stocks in our database.
Over 100 years of market history shows that the market's biggest winners often have an RS Rating of over 80 in the early stages of their moves. See if Fidelis Insurance Hldgs can continue to show renewed price strength and hit that benchmark.
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Fidelis Insurance Hldgs is now considered extended and out of buy range after clearing a 15.30 buy point in a first-stage consolidation. See if the stock forms a new pattern or follow-on buying opportunity like a three-weeks tight or pullback to the 50-day or 10-week moving average.
The company reported negative growth for both the top and bottom lines last quarter.
Fidelis Insurance Hldgs holds the No. 48 rank among its peers in the Insurance-Property/Casualty/Title industry group. Hagerty, Arch Capital Group and Mercury General are among the top 5 highly rated stocks within the group.
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