Lamar Advertising Cl A had its Relative Strength (RS) Rating upgraded from 80 to 83 Monday.
This unique rating measures technical performance by using a 1 (worst) to 99 (best) score that indicates how a stock's price performance over the last 52 weeks matches up against other publicly traded companies.
History shows that the market's biggest winners tend to have an RS Rating north of 80 in the early stages of their moves.
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Lamar Advertising Cl A is trying to complete a flat base with a 122.22 buy point. See if it can break out in heavy trade.
While earnings-per-share growth decreased in the company's most recent quarterly report from 125% to 3%, revenue grew 6%, up from 4% in the previous report.
The company earns the No. 4 rank among its peers in the Commercial Services-Advertising industry group. Trade Desk Cl A is the top-ranked stock within the group.
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