The Relative Strength (RS) Rating for Brookfield Asset Mgmt moved up into a new percentile Tuesday, as it got a lift from 68 to 71.
IBD's unique RS Rating identifies technical performance by showing how a stock's price movement over the last 52 weeks compares to that of the other stocks in our database.
History shows that the best stocks typically have an 80 or higher RS Rating as they launch their largest price moves. See if Brookfield Asset Mgmt can continue to show renewed price strength and clear that threshold.
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While Brookfield Asset Mgmt is not near a proper buy zone right now, see if it is able to form and break out from a proper chart pattern.
Brookfield Asset Mgmt reported negative growth for both sales and earnings last quarter.
The company holds the No. 49 rank among its peers in the Finance-Investment Management industry group. P10, Equitable Holdings and Hennessy Advisors 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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