H&R Block saw a positive improvement to its Relative Strength (RS) Rating on Tuesday, rising from 65 to 79.
This unique rating identifies technical performance by using a 1 (worst) to 99 (best) score that identifies how a stock's price action over the trailing 52 weeks compares to the rest of the market.
History reveals that the best stocks tend to have an 80 or better RS Rating in the early stages of their moves. See if H&R Block can continue to rebound and hit that benchmark.
When To Sell Stocks To Lock In Profits And Minimize Losses
While the stock is not near a proper buy point right now, see if it is able to form and break out from a proper base.
The company showed 0% EPS growth last quarter. Revenue increased 0%.
H&R Block earns the No. 20 rank among its peers in the Financial Services-Specialty industry group. Tiptree, Tradeweb Markets and X Financial ADR 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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