The Relative Strength (RS) Rating for Ensign Group moved up into a new percentile Thursday, as it got a lift from 66 to 77.
IBD's unique rating measures share price movement with a 1 (worst) to 99 (best) score. The rating shows how a stock's price behavior over the trailing 52 weeks compares to all the other stocks in our database.
History reveals that the market's biggest winners tend to have an 80 or better RS Rating in the early stages of their moves. See if Ensign Group can continue to rebound and hit that benchmark.
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Ensign Group is building a cup without handle with a 158.45 entry. See if it can clear the breakout price in heavy trading.
Ensign Group reported 16% earnings growth last quarter, while sales growth came in at 15%.
The company earns the No. 1 rank among its peers in the Medical-Long-Term Care industry group. Pennant Group and Sonida Senior Living are also among the group's highest-rated stocks.
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