Jackson Financial saw a positive improvement to its Relative Strength (RS) Rating on Wednesday, with an upgrade from 69 to 76.
This exclusive rating from Investor's Business Daily tracks price performance with a 1 (worst) to 99 (best) score. The rating shows how a stock's price behavior over the trailing 52 weeks stacks up against all the other stocks in our database.
Over 100 years of market history reveals that the top-performing stocks tend to have an RS Rating of over 80 in the early stages of their moves. See if Jackson Financial can continue to rebound and hit that benchmark.
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Jackson Financial has moved more than 5% past an 81.52 entry in a third-stage cup without handle, meaning it's now out of a proper buy range. Look for the stock to create a new chance to pick up shares like a three-weeks tight or pullback to the 50-day or 10-week moving average.
Earnings growth increased last quarter from 21% to 84%. But revenue gains fell from -18% to -74%.
The company holds the No. 10 rank among its peers in the Insurance-Diversified industry group. Palomar Holdings, Bowhead Specialty and EverQuote are among the top 5 highly rated stocks within the group.
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