On Friday, RLI Corp earned an upgrade to its Relative Strength (RS) Rating, from 67 to 72.
This proprietary 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 matched up against all other stocks.
History reveals that the best stocks often have an RS Rating of over 80 as they launch their biggest climbs. See if RLI Corp can continue to rebound and hit that benchmark.
Can You Really Time The Stock Market?
RLI Corp is trying to complete a consolidation with a 91.14 buy point. See if it can clear the breakout price in heavy volume.
The company posted -47% earnings growth in the latest quarterly report, while sales growth came in at 1%. Keep an eye out for the company's next round of numbers on or around Apr. 16.
RLI Corp earns the No. 27 rank among its peers in the Insurance-Property/Casualty/Title industry group. Goosehead Insurance Cl A, Root Cl A and Skyward Specialty Ins are among the top 5 highly rated stocks 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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