The Relative Strength (RS) Rating for Sun Life Financial jumped into a new percentile Tuesday, as it got a lift from 70 to 76.
This unique rating measures technical performance by using a 1 (worst) to 99 (best) score that identifies how a stock's price performance over the trailing 52 weeks compares to the rest of the market.
History shows that the market's biggest winners often have an 80 or better RS Rating in the early stages of their moves. See if Sun Life Financial can continue to show renewed price strength and clear that threshold.
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Sun Life Financial is building a flat base with a 62.85 entry. See if it can break out in volume at least 40% higher than normal.
Earnings growth increased last quarter from 10% to 11%. But revenue gains fell from 10% to 8%. The company is expected to report its latest results on or around Feb. 12.
The company earns the No. 9 rank among its peers in the Insurance-Life industry group. Primerica, Globe Life and Reinsurance Grp America are among the top 5 highly rated stocks within the group.
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