S&P Global saw a welcome improvement to its Relative Strength (RS) Rating on Thursday, with an upgrade from 69 to 72.
IBD's proprietary RS Rating tracks 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 reveals that the market's biggest winners often have an RS Rating of above 80 as they launch their largest climbs. See if S&P Global can continue to rebound and hit that benchmark.
How To Invest In Stocks In Both Bull And Bear Markets
S&P Global is trying to complete a flat base with a 533.29 buy point. See if it can clear the breakout price in heavy volume.
While earnings growth declined in the company's most recent performance report from 29% to 21%, sales rose 16%, up from 14% in the prior report.
The company earns the No. 2 rank among its peers in the Commercial Services-Market Research industry group. Moody's is the No. 1-ranked stock within the group.
RELATED:
Which Stocks Are Showing 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!
