On Tuesday, Cboe Global Markets hit an important technical milestone, with its Relative Strength (RS) Rating rising into the 80-plus percentile with an improvement to 82, a rise from 78 the day before.
This exclusive rating from Investor's Business Daily tracks price performance with a 1 (worst) to 99 (best) score. The score shows how a stock's price behavior over the trailing 52 weeks holds up against all the other stocks in our database.
History reveals that the market's biggest winners typically have an 80 or better RS Rating as they begin their biggest price moves.
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Cboe Global Markets is trying to complete a cup with handle with a 216.82 entry. See if the stock can break out in volume at least 40% higher than normal.
The company posted 2% EPS growth last quarter, while sales growth came in at 14%.
The company earns the No. 15 rank among its peers in the Financial Services-Specialty industry group. Marex Group, Tiptree and Corpay 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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