RLI Corp had its Relative Strength (RS) Rating upgraded from 70 to 77 Wednesday — a welcome improvement, but still shy of the 80 or higher score you look for.
This unique rating identifies market leadership by showing how a stock's price action over the last 52 weeks measures up against that of the other stocks in our database.
Over 100 years of market history shows that the best stocks often have an RS Rating of above 80 as they launch their biggest climbs. See if RLI Corp can continue to show renewed price strength and clear that threshold.
How To Invest In Stocks In Both Bull And Bear Markets
RLI Corp is trying to complete a consolidation with a 91.14 buy point. See if it can clear the breakout price in heavy trade.
RLI Corp posted -47% earnings growth last quarter, while sales growth came in at 1%. The next quarterly results are expected on or around Apr. 23.
RLI Corp holds the No. 25 rank among its peers in the Insurance-Property/Casualty/Title industry group. Goosehead Insurance Cl A, Skyward Specialty Ins and Investors Title 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.
RELATED:
IBD Stock Rating Upgrades: Rising Relative Strength
Why Should You Use IBD's Relative Strength Rating?
How Relative Strength Line Can Help You Judge A Stock
Ready To Grow Your Investing Skills? Join An IBD Meetup Group!