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Investors Business Daily
Investors Business Daily
Business
INVESTOR'S BUSINESS DAILY

IBD Rating Upgrades: Rollins Inc Flashes Improved Relative Price Strength

Rollins Inc saw a positive improvement to its Relative Strength (RS) Rating on Monday, with an increase from 65 to 72.

This unique rating measures market leadership by using a 1 (worst) to 99 (best) score that indicates how a stock's price action over the trailing 52 weeks matched up against all other stocks.

History shows that the market's biggest winners often have an RS Rating north of 80 in the early stages of their moves. See if Rollins Inc can continue to show renewed price strength and clear that threshold.

Can You Really Time The Stock Market?

Rollins Inc broke out earlier, but is now about 4% below the prior 51.96 entry from a flat base. 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 base to form. Also understand that the latest pattern is a later-stage base, and such bases are more prone to failure.

Rollins Inc reported 4% EPS growth in its most recent report, while sales growth came in at 9%.

The company holds the No. 4 rank among its peers in the Building-Maintenance & Services industry group. EMCOR Group is the top-ranked stock within the group.

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