On Monday, Southwest Airlines got an upgrade to its Relative Strength (RS) Rating, from 79 to 84.
This exclusive rating from Investor's Business Daily measures market leadership with a 1 (worst) to 99 (best) score. The score shows how a stock's price movement over the last 52 weeks holds up against all the other stocks in our database.
Decades of market research shows that the best-performing stocks often have an 80 or better RS Rating in the early stages of their moves.
Risk Management In The Stock Market: How Much Money To Invest Now
Southwest Airlines is trying to complete a flat base with a 36.12 entry. See if it can break out in heavy volume.
Southwest Airlines showed -61% EPS growth in its most recent report. Revenue gains came in at 5%. Keep an eye out for the company's next round of numbers on or around Jan. 30.
The company earns the No. 12 rank among its peers in the Transportation-Airline industry group. Skywest, Sun Country Airlines and Alaska Air Group are among the top 5 highly rated stocks within the group.
RELATED:
Airline Industry News And Stocks To Watch
Which Stocks Are Showing Improved Technical Action?
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!
