On Thursday, Kinsale Capital Group earned a positive adjustment to its Relative Strength (RS) Rating, from 69 to 76.
IBD's unique RS Rating tracks technical performance by showing how a stock's price action over the last 52 weeks compares to that of the other stocks in our database.
Over 100 years of market history reveals that the best-performing stocks typically have an 80 or higher RS Rating as they launch their biggest climbs. See if Kinsale Capital Group can continue to show renewed price strength and clear that threshold.
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Kinsale Capital Group is working on a cup without handle with a 531.79 entry. See if the stock can break out in heavy volume. It's a later-stage pattern, and investors should be aware that those involve more risk.
EPS growth dropped last quarter from 30% to 27%, but sales rose from 30% to 33%. Look for the next report on or around Feb. 13.
The company holds the No. 2 rank among its peers in the Insurance-Property/Casualty/Title industry group. Skyward Specialty Ins is the No. 1-ranked stock within the group.
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