The Relative Strength (RS) Rating for Hartford Insurance Group jumped into a new percentile Tuesday, with an increase from 78 to 82.
This unique rating measures technical performance by using a 1 (worst) to 99 (best) score that indicates how a stock's price action over the trailing 52 weeks matches up against the rest of the market.
Over 100 years of market history shows that the stocks that go on to make the biggest gains tend to have an 80 or higher RS Rating in the early stages of their moves.
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Hartford Insurance Group is working on a cup without handle with a 124.90 entry. See if the stock can break out in heavy volume.
The company posted -4% earnings growth in its most recent report, while sales growth came in at 7%.
Hartford Insurance Group holds the No. 6 rank among its peers in the Insurance-Diversified industry group. Bowhead Specialty, Palomar Holdings and EverQuote 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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