On Thursday, Kemper earned a positive adjustment to its Relative Strength (RS) Rating, from 69 to 75.
IBD's proprietary RS Rating identifies market leadership by using a 1 (worst) to 99 (best) score that identifies how a stock's price performance over the last 52 weeks matched up against all other stocks.
Over 100 years of market history shows that the stocks that go on to make the biggest gains often have an RS Rating north of 80 as they launch their largest climbs. See if Kemper can continue to rebound and hit that benchmark.
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Kemper is trying to complete a flat base with a 65.93 entry. See if the stock can clear the breakout price in volume at least 40% higher than normal.
Kemper reported 0% earnings growth last quarter, while sales growth came in at -2%.
Kemper earns the No. 30 rank among its peers in the Insurance-Property/Casualty/Title industry group. Mercury General, HCI Group and Goosehead Insurance Cl A are among the top 5 highly rated stocks within the group.
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