The Relative Strength (RS) Rating for Oscar Health entered a higher percentile Friday, as it got a lift from 63 to 73.
This exclusive rating from Investor's Business Daily measures market leadership with a 1 (worst) to 99 (best) score. The grade shows how a stock's price performance over the trailing 52 weeks compares to all the other stocks in our database.
History reveals that the stocks that go on to make the biggest gains tend to have an RS Rating of at least 80 in the early stages of their moves. See if Oscar Health can continue to rebound and hit that benchmark.
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While Oscar Health is not near an ideal buying range right now, see if it goes on to form and break out of a proper chart pattern.
The company showed 0% earnings growth in its most recent report, while sales growth came in at 68%.
The company earns the No. 5 rank among its peers in the Insurance-Accident & Healthcare industry group. Unum Group is the top-ranked stock within the group.
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