In a welcome move, First Advantage saw its Relative Strength Rating rise from 70 to 73 on Tuesday.
This exclusive rating from Investor's Business Daily tracks 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 stocks tend to have an RS Rating north of 80 as they launch their biggest runs. See if First Advantage can continue to rebound and clear that threshold.
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First Advantage is now considered extended and out of buy range after clearing a 17.49 buy point in a first-stage consolidation. See if the stock forms a new pattern or follow-on buying opportunity like a three-weeks tight or pullback to the 50-day or 10-week line.
Earnings growth increased in the company's most recent report from -13% to -7%, but the top line fell from 0% to -1%.
First Advantage earns the No. 6 rank among its peers in the Commercial Services-Staffing industry group. Upwork, Mastech Digital and Barrett Business Services are among the top 5 highly rated stocks within the group.
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