The Relative Strength (RS) Rating for Radian Group entered a new percentile Monday, with an increase from 72 to 81.
IBD's proprietary rating tracks share price movement with a 1 (worst) to 99 (best) score. The rating shows how a stock's price behavior over the last 52 weeks compares to all the other stocks in our database.
Over 100 years of market history shows that the best stocks typically have an RS Rating north of 80 as they launch their biggest climbs.
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Radian Group is trying to complete a consolidation with a 37.86 buy point. See if it can clear the breakout price in heavy volume.
Earnings growth rose last quarter from -1% to 14%. But sales fell from 7% to -4%. Look for the next report on or around Apr. 30.
The company earns the No. 7 rank among its peers in the Finance-Mortgage & Related Services industry group. Enact Holdings, Rocket Cos. and LendingTree 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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