Sun Life Financial had its Relative Strength (RS) Rating upgraded from 67 to 71 Tuesday — a welcome improvement, but still shy of the 80 or higher score you look for.
IBD's proprietary RS Rating identifies technical performance by showing how a stock's price movement over the last 52 weeks compares to that of the other stocks in our database.
Decades of market research reveals that the stocks that go on to make the biggest gains typically have an 80 or higher RS Rating as they launch their biggest runs. See if Sun Life Financial can continue to rebound and hit that benchmark.
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Sun Life Financial is trying to complete a flat base with a 62.85 entry. See if it can clear the breakout price in volume at least 40% above average.
Earnings growth fell last quarter from 11% to 0%. But sales moved higher, from 8% to 12%.
The company earns the No. 7 rank among its peers in the Insurance-Life industry group. Lincoln National, Prudential ADR and Primerica 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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