Prudential ADR saw a positive improvement to its Relative Strength (RS) Rating on Tuesday, rising from 70 to 73.
This unique rating measures market leadership by using a 1 (worst) to 99 (best) score that shows how a stock's price performance over the last 52 weeks matched up against all other stocks.
Decades of market research reveals that the top-performing stocks often have an RS Rating north of 80 in the early stages of their moves. See if Prudential ADR can continue to rebound and hit that benchmark.
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While Prudential ADR is not near an ideal buy point right now, see if it is able to form and break out of a proper consolidation.
Prudential ADR posted negative growth for both sales and earnings last quarter. Prudential ADR is expected to report its next quarterly numbers on or around Mar. 12.
The company holds the No. 15 rank among its peers in the Insurance-Life industry group. Lincoln National, Primerica and Corebridge Financial 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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