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Investors Business Daily
Investors Business Daily
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INVESTOR'S BUSINESS DAILY

Stocks To Watch: Gpo Aeroportuario ADR Sees Relative Strength Rating Jump To 83

On Tuesday, Gpo Aeroportuario ADR received an upgrade to its Relative Strength (RS) Rating, from 80 to 83.

IBD's proprietary RS Rating measures market leadership by using a 1 (worst) to 99 (best) score that shows how a stock's price performance over the last 52 weeks matches up against the rest of the 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.

Risk Management In The Stock Market: How Much Money To Invest Now

Gpo Aeroportuario ADR broke out earlier, but is now trading approximately 4% below the prior 200.00 entry from a flat base. If a stock you're tracking climbs above a buy point then declines 7% or more below the original entry price, it's considered a failed base. It's best to wait for the stock to form a new consolidation and breakout. Also understand that the most recent consolidation is a later-stage base, and such bases are more prone to failure.

The company reported negative growth for both sales and earnings last quarter.

Gpo Aeroportuario ADR holds the No. 11 rank among its peers in the Real Estate-Development/Operations industry group. CBRE Group, Grupo Aeroportuario ADR and Newmark Group are among the top 5 highly rated stocks within the group.

RELATED:

IBD Stock Rating Upgrades: Rising Relative Strength

Why Should You Use IBD's Relative Strength Rating?

How Relative Strength Line Can Help You Judge A Stock

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