The Relative Strength (RS) Rating for H&R Block climbed into a new percentile Friday, with a rise from 77 to 83.
This unique rating tracks market leadership by showing how a stock's price action over the last 52 weeks compares to that of the other stocks in our database.
Over 100 years of market history reveals that the stocks that go on to make the biggest gains often have an 80 or higher RS Rating in the early stages of their moves.
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H&R Block is building a consolidation with a 68.45 buy point. See if it can clear the breakout price in heavy trading. It's a later-stage pattern, and investors should be aware that those are less likely to launch sustained new runs.
The company posted 0% earnings growth in its most recent report, while sales growth came in at 0%.
H&R Block earns the No. 22 rank among its peers in the Financial Services-Specialty industry group. Tiptree, X Financial ADR and Marex Group 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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