Assured Guaranty had its Relative Strength (RS) Rating upgraded from 68 to 71 Monday — a welcome improvement, but still shy of the 80 or better score you look for.
IBD's unique rating identifies market leadership with a 1 (worst) to 99 (best) score. The score shows how a stock's price movement over the trailing 52 weeks stacks up against all the other stocks in our database.
Over 100 years of market history shows that the market's biggest winners often have an RS Rating of over 80 as they launch their biggest climbs. See if Assured Guaranty can continue to rebound and clear that threshold.
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Assured Guaranty is trying to complete a flat base with a 96.50 buy point. See if it can break out in volume at least 40% higher than normal.
Assured Guaranty reported negative growth for both the top and bottom lines last quarter.
Assured Guaranty earns the No. 46 rank among its peers in the Insurance-Property/Casualty/Title industry group. Goosehead Insurance Cl A, Investors Title and Root Cl A are among the top 5 highly rated stocks within the group.
This article was created automatically with Stats Perform's Wordsmith software using data and article templates supplied by Investor's Business Daily. An IBD journalist may have edited the article.
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