The Relative Strength (RS) Rating for NMI Holdings moved up into a new percentile Wednesday, as it got a lift from 70 to 73.
This unique rating identifies technical performance by using a 1 (worst) to 99 (best) score that indicates how a stock's price action over the trailing 52 weeks compares to other publicly traded companies.
History shows that the best-performing stocks often have an 80 or higher RS Rating in the early stages of their moves. See if NMI Holdings can continue to show renewed price strength and clear that threshold.
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NMI Holdings is working on a consolidation with a 42.49 entry. See if the stock can clear the breakout price in heavy volume.
NMI Holdings reported 15% EPS growth last quarter, while sales growth came in at 12%. Look for the next report on or around Feb. 6.
The company holds the No. 1 rank among its peers in the Finance-Mortgage & Related Services industry group. Security Natl Finl Cl A and Enact Holdings are also among the group's highest-rated stocks.
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