On Monday, Select Medical Holdings stock reached a noteworthy technical benchmark, with its Relative Strength (RS) Rating moving into the 80-plus percentile with an upgrade to 81, an increase from 76 the day before.
This unique rating tracks market leadership by using a 1 (worst) to 99 (best) score that shows how a stock's price action over the trailing 52 weeks matches up against other publicly traded companies.
Decades of market research shows that the market's biggest winners tend to have an RS Rating north of 80 as they launch their biggest runs.
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Is Select Medical Holdings Stock A Buy?
Select Medical Holdings stock is currently trading below its 50-day moving average and is not currently offering a proper buying opportunity. See if the stock goes on to build a base that could kick off a new price move.
Top and bottom line growth moved higher in the company's most recent quarter. Earnings were up 9%, compared to -2% in the prior report. Revenue increased from 5% to 6%.
Select Medical Holdings stock earns the No. 2 rank among its peers in the Medical-Hospitals industry group. Tenet Healthcare is the top-ranked stock within the group.
