Moody's had its Relative Strength (RS) Rating upgraded from 70 to 76 Tuesday — a welcome improvement, but still short of the 80 or higher score you prefer to see.
This unique rating tracks technical performance by showing how a stock's price movement over the last 52 weeks compares to that of the other stocks in our database.
Over 100 years of market history reveals that the best-performing stocks typically have an RS Rating north of 80 in the early stages of their moves. See if Moody's 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.
Moody's posted 20% earnings growth in the latest quarterly report. Revenue rose 13%.
The company earns the No. 2 rank among its peers in the Commercial Services-Market Research industry group. Verisk Analytics is the No. 1-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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