Rocket Cos. stock saw a welcome improvement to its Relative Strength (RS) Rating on Wednesday, rising from 79 to 84.
This unique rating identifies technical performance by using a 1 (worst) to 99 (best) score that identifies how a stock's price action over the last 52 weeks matches up against that of all other stocks.
History reveals that the market's biggest winners typically have an RS Rating of above 80 as they launch their biggest price moves.
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Is Rocket Cos. Stock A Buy?
Rocket Cos. stock is building a consolidation with a 15.19 entry. See if the fintech stock can break out in volume at least 40% higher than normal. Read "Looking For The Next Big Stock Market Winners? Start With These 3 Steps" for more tips.
The fintech company reported 0% earnings growth in its most recent report. Sales gains came in at 44%.
Rocket Cos. stock earns the No. 9 rank among its peers in the Finance-Mortgage & Related Services industry group. Velocity Financial, Essent Group and Fed Agric Mtg Cl A are among the top 5 highly rated stocks within the group.
