The Relative Strength (RS) Rating for Gpo Aeroportuario ADR headed into a new percentile Wednesday, as it got a lift from 67 to 71.
IBD's proprietary rating identifies share price action with a 1 (worst) to 99 (best) score. The grade shows how a stock's price movement over the last 52 weeks stacks up against all the other stocks in our database.
History reveals that the market's biggest winners tend to have an RS Rating of at least 80 in the early stages of their moves. See if Gpo Aeroportuario ADR can continue to show renewed price strength and hit that benchmark.
When To Sell Stocks To Lock In Profits And Minimize Losses
Gpo Aeroportuario ADR broke out earlier, but has fallen back below the prior 186.64 entry from a cup with handle. In the scenario where a stock breaks out then falls 7% or more below the entry price, it's considered a failed breakout. If that happens, it's best to wait for a new pattern to form. Also understand that the latest pattern is a later-stage base, and those involve more risk.
While the company's bottom line growth fell in the prior quarter from -19% to -30%, sales rose -2%, up from -19% in the previous report.
The company holds the No. 14 rank among its peers in the Real Estate-Development/Operations industry group. Amrep Corp, CBRE Group and Jones Lang LaSalle are among the top 5 highly rated stocks within the group.
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