The Relative Strength (RS) Rating for CH Robinson Worldwide jumped into a new percentile Monday, as it got a lift from 69 to 73.
This unique rating measures technical performance by using a 1 (worst) to 99 (best) score that indicates how a stock's price action over the trailing 52 weeks stacks up against all the other stocks in our database.
History shows that the stocks that go on to make the biggest gains tend to have an 80 or better RS Rating in the early stages of their moves. See if CH Robinson Worldwide can continue to show renewed price strength and hit that benchmark.
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While it's not currently an ideal time to jump in, see if the stock manages to form a consolidation and break out.
In terms of top and bottom line numbers, the company has posted rising EPS growth in each of the last four reports. Revenue growth has been less impressive, coming in at -1% in the latest report. The company is expected to release its next quarterly numbers on or around Apr. 30.
CH Robinson Worldwide earns the No. 3 rank among its peers in the Transportation-Logistics industry group. ZTO Express (Cayman) ADR is the top-ranked stock 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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