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

IBD Rating Upgrades: Sun Country Airlines Shows Improved Technical Strength

Sun Country Airlines had its Relative Strength (RS) Rating upgraded from 69 to 73 Thursday — a welcome improvement, but still shy of the 80 or higher score you prefer to see.

This proprietary rating identifies market leadership by using a 1 (worst) to 99 (best) score that identifies how a stock's price action over the last 52 weeks stacks up against all the other stocks in our database.

Decades of market research reveals that the best-performing stocks typically have an RS Rating of at least 80 as they begin their biggest climbs. See if Sun Country Airlines can continue to rebound and hit that benchmark.

When To Sell Stocks To Lock In Profits And Minimize Losses

While Sun Country Airlines is not near a proper entry right now, see if it manages to form and break out from a proper chart pattern.

In terms of top and bottom line numbers, Sun Country Airlines has posted two quarters of accelerating earnings growth. Sales gains have also increased during the same period.

The company earns the No. 2 rank among its peers in the Transportation-Airline industry group. Alaska Air Group is the No. 1-ranked stock 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.

RELATED:

Airline Industry News And Stocks To Watch

IBD Stock Rating Upgrades: Rising Relative Strength

Why Should You Use IBD's Relative Strength Rating?

How Relative Strength Line Can Help You Judge A Stock

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