On Tuesday, Kinsale Capital Group got a positive adjustment to its Relative Strength (RS) Rating, from 70 to 73.
IBD's unique rating identifies share price performance with a 1 (worst) to 99 (best) score. The grade shows how a stock's price behavior over the last 52 weeks compares to all the other stocks in our database.
History reveals that the top-performing stocks typically have an RS Rating of over 80 as they begin 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 building a cup with handle with a 531.79 buy point. See if the stock can break out in volume at least 40% above average. Be aware that it's a -stage base. Later-stage patterns can work, but have a higher likelihood of failure since, by that point, the stock has already made a significant run..
The company showed 19% EPS growth in its most recent report. Sales rose 17%. Keep an eye out for the company's next round of numbers on or around Apr. 24.
The company holds the No. 4 rank among its peers in the Insurance-Property/Casualty/Title industry group. Goosehead Insurance Cl A 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.
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