On Wednesday, Service Corp International stock earned a positive adjustment to its Relative Strength (RS) Rating, from 70 to 75.
IBD's unique rating measures market leadership with a 1 (worst) to 99 (best) score. The rating shows how a stock's price performance over the trailing 52 weeks stacks up against all the other stocks in our database.
Decades of market research reveals that the best-performing stocks often have an 80 or higher RS Rating in the early stages of their moves. See if Service Corp International stock can continue to rebound and clear that threshold.
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Is Service Corp International Stock A Buy?
After hitting a 52-week high of 89.37 on Nov. 29, Service Corp International stock has pulled back below its 50-day moving average but sitting above its 200-day moving line. While the stock is not near a proper buying range right now, see if it is able to form and break out from a proper consolidation.
Earnings growth rose last quarter from -5% to 1%, but sales fell from 2% to 1%.
Service Corp International stock earns the No. 2 rank among its peers in the Funeral Services & Related industry group. Carriage Services is the No. 1-ranked stock within the group.
